A State Council executive meeting on Friday stressed the implementation of policies and work to reach the economic and social development goals for 2020.

The meeting, presided over by Premier Li Keqiang, noted that the government work report, which was approved at the closing meeting of the third session of the 13th National People's Congress on Thursday, set goals for economic and social development and major works for this year, urging governments at all levels to fully implement the work and finish their tasks.

A total of 51 major tasks covering 45 areas were assigned to relevant departments of the State Council.

The meeting required governments at all levels to carry out measures to provide relief to businesses and unleash market vitality.

A special mechanism will be established to make sure that the funds go straight to grassroots level and are used effectively. Market entities, including micro, small and medium-sized enterprises, as well as people in need, should truly benefit from the policies, said the meeting.

Creating a market-oriented, law-based and globalized business environment and promoting fair competition should be the priorities of the government work agenda, according to the meeting.

It added that the government will improve policies in a timely manner and roll out new measures if necessary to stabilize China's economic fundamentals, ensure economic growth and achieve the goals of economic and social development for the year.