China is seeking to stimulate its economy with tax cuts and relaxed regulations for foreign investors, following a year of a slowdown in growth.
China's policymakers met from Wednesday to Friday at the Central Economic Work Conference and agreed to take new measures, including greater protection for the intellectual property rights of foreign companies and lowered barriers of entry for non-Chinese firms, Xinhua news agency reported Friday.
Other changes include "significant" tax cuts, Bloomberg reported Friday.
China has previously said it was willing to turn the crisis of slow growth into an opportunity, as concerns grow over significantly sluggish expansion.
TechCrunch reported Friday the propaganda department of the Chinese Communist Party is reversing a freeze on game licenses, which went into effect nine months ago.
Chinese regulators have been cracking down on games containing pornography, gambling and violence, according to the report.