You are here:   Home

Road Map for Social, Economic Development Unfolded

China Daily, March 6, 2011 Adjust font size:

Wen vows to improve people's livelihoods and ensure more share in the fruits of nation's growth

Premier Wen Jiabao on Saturday unfolded the road map for China's social and economic development during the next five years, setting targets for the quality and efficiency of economic growth and speaking about the transformation of the growth mode and economic restructuring.

While delivering his annual government work report, he also listed other priorities that include improving people's well-being, advancing education and healthcare, conserving natural resources and protecting the environment.

Wen was addressing the opening of the fourth session of the 11th National People's Congress (NPC), which will run until March 14. His speech highlighted the central government's draft 12th Five Year Plan (2011-2015), which the NPC deputies - the lawmakers - will review.

The draft plan will become official guidelines after it is endorsed by the almost 3,000 deputies.

According to Wen, the major focus of the government's work this year will include reining in inflation by keeping the consumer price index, a major gauge of rising costs, to an increase of about 4 percent.

The government will also boost the incomes of farmers and pensioners, increase consumer demand, enhance agricultural development and speed up economic restructuring.

"Ensuring an adequate food supply for 1.3 billion Chinese people is always a top priority and we must never take this issue lightly," Wen said.

To achieve the 8-percent GDP growth goal for this year, Wen listed measures that will ensure more people share in the fruits of reforms and economic development. These include the creation of more than 9 million jobs, reducing the tax burden on low- and middle-income people and increasing government subsidies for the rural cooperative medical care system.

The overall growth goals for the coming five years are pragmatic, with average annual GDP growth set at 7 percent, 4.2 percentage points lower than China achieved on average between 2006 and 2010.

Despite calls from some officials and experts to speed up urbanization, the draft plan projects a 4-percent urban expansion rate, 0.5 percentage points lower than the actual urbanization growth rate during the past five years.

Meanwhile, income for urban and rural residents will increase by 7 percent on average during the coming five years.

Road map for social, economic development unfolded


Road map for social, economic development unfolded


1   2   3    


Bookmark and Share

Related News & Photos