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Highlights: Premier Wen's Gov't Work Report

Xinhua News Agency, March 5, 2012 Adjust font size:

Price control

-- China will control prices and prevent inflation from rebounding by effectively carrying out macroeconomic policies, managing the supply of money and credit, and striving for basic equilibrium in aggregate supply and demand.

Agriculture

-- Efforts will be made to increase farmers' income, support agricultural technology development, develop rural infrastructure and protect farm land.

-- The central fiscal plans to allocate 1.23 trillion yuan for agriculture, rural areas and farmers, 186.8 billion yuan more than last year.

Economic restructuring

-- To accelerate the transformation of the economic development pattern and carry out strategic adjustment of the economic structure is both a long-term and most pressing task at present.

Nuclear power

-- China will safely and effectively develop nuclear power.

Monitoring PM2.5

-- China will start monitoring fine particulate matter (PM2.5) in the Beijing-Tianjin-Hebei region, the Yangtze River delta, the Pearl River delta and other key areas as well as in municipalities directly under the central government and provincial capital cities in 2012.

-- The monitoring will be extended to all cities at and above the prefectural level by 2015.

Going blue

-- China will formulate and implement a strategy for marine development, and promote the development of the marine economy.

Spending more in education

-- The central government has prepared its budget to meet the requirement that government spending on education accounts for 4 percent of the GDP.

-- The government will enhance school bus safety to ensure children's safety.

People's wellbeing

-- China will make every effort to increase employment and the government must continue to follow the strategy of giving top priority to employment.

-- By the end of the year, the country will have achieved full coverage of the new old-age pension system for rural residents and the old-age pension system for non-working urban residents.

-- The government will raise subsidies for medical insurance for non-working urban residents and the new type of rural cooperative medical care system to 240 yuan per person per year.

-- It will continue to keep the birthrate low and redress gender imbalance.

-- It will continue to develop low-income housing, and basically complete 5 million units and start construction on over 7 million units.

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