葬礼揸fit人未删减资源:Key targets of China's 12th five-year plan

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Key targets of China's 12th five-year plan

11:17, March 05, 2011      

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The draft of China's 12th Five-Year Plan (2011-2015) was submitted Saturday to the National People's Congress (NPC), the top legislature for reviewing.

Following are key targets of the draft:

Economic targets

-- GDP to grow by 7 percent annually on average;

-- More than 45 million jobs to be created in urban areas;

-- Urban registered unemployment to be kept no higher than 5 percent;

-- Prices to be kept generally stable.

Economic restructuring

-- Rise in domestic consumption;

-- Breakthrough in emerging strategic industries;

-- Service sector value-added output to account for 47 percent of GDP, up 4 percentage points;

-- Urbanization rate to reach 51.5 percent, up 4 percentage points.

Innovation

-- Expenditure on research and development to account for 2.2 percent GDP;

-- Every 10,000 people to have 3.3 patents.

Environment &clean energy

-- Non-fossil fuel to account for 11.4 percent of primary energy consumption;

-- Water consumption per unit of value-added industrial output to be cut by 30 percent;

-- Energy consumption per unit of GDP to be cut by 16 percent;

-- Carbon dioxide emission per unit of GDP to be cut by 17 percent;

-- Forest coverage rate to rise to 21.66 percent and forest stock to increase by 600 million cubic meters;

Agriculture

-- Annual grain production capacity to be no less than 540 million tones;

-- Farmland reserves to be no less than 1.818 billion mu.

Livelihood

-- Population to be no larger than 1.39 billion;

-- Life span per person to increase by one year;

-- Pension schemes to cover all rural residents and 357 million urban residents;

-- Construction and Renovation of 36 million apartments for low-income families;

-- Minimum wage standard to increase by no less than 13 percent on average each year;

Social management

-- Improved public service for both urban and rural residents;

-- Improved democracy and legal system;

-- Better social management system for greater social harmony;

-- More than 10 percent of all residents will be registered as community volunteers.

Reform

-- Encourage qualified enterprises to get listed in stock markets;

-- In-depth reform in monopoly industries for easier market entry and more competition;

-- Improved government efficiency and credibility

Source: XinhuaRelated Channel News

  • NPC & CPPCC Sessions 2011

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    China targets 4% rise in 2011 consumer prices

    09:45, March 05, 2011      

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    China aims to keep its consumer price rise at around 4 percent this year, says a government work report to be delivered by Premier Wen Jiabao at the parliament's annual session Saturday.

    "Recently, prices have risen fairly quickly and inflation expectations have increased. This problem concerns the people's wellbeing, bears on overall interests and affects social stability," reads the report, distributed to the public media before the opening of the Fourth Session of the 11th National People's Congress (NPC), the country's top legislature.

    "We must therefore make it our top priority in macroeconomic control to keep overall price levels stable," it says.

    To keep price rise in check, the government will make the most of the favorable conditions, such as the oversupply of major industrial products, ample grain reserves and abundant foreign exchange reserves, the report says.

    Economic and legal methods as well as administrative ones, when necessary, will be employed to intensify price regulation and monitoring, it says.

    China's consumer price index (CPI), a major gauge of inflation, remained stubbornly high in January, rising 4.9 percent from a year earlier. CPI increased 3.3 percent in 2010, exceeding the government's s 3-percent target.

    Source: Xinhua Related Channel News

    • NPC & CPPCC Sessions 2011

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