Highlights of Premier Wen's Government Work Report
(Xinhua)Updated: 2007-03-05 09:55
Chinese Premier Wen Jiabao is to deliver a report on the work of his cabinet at the opening meeting of the annual full session of the National People's Congress, China's top legislature, started in the Great Hall of the People at 9am today.
Following are the highlights of Wen's 35-page Report on the Work of the Government, which was distributed to journalists prior to the opening of the NPC session:
GROWTH TARGET
*In 2007, China's GDP is projected to grow by about 8 percent.
*The most important task is to promote sound and fast economic development.
MACROECONOMIC REGULATION
*Macroeconomic regulation must be strengthened and improved. The focus of this work is to keep the scale of fixed asset investment and credit under control and to promote overall balance between total supply and total demand while improving the structure.
SOCIAL HARMONY
*Social harmony and stability as well as a better life are the aspirations of all the people and an important goal for the work of the government. This year the government will adopt more effective measures and make major strides in building a harmonious socialist society.
NEW SOCIALIST COUNTRYSIDE
*This year's work related to agriculture, rural areas and farmers will focus on accelerating the development of modern agriculture and effectively promoting the building of a new socialist countryside.
*Allocations from the central government budget for resolving issues related to agriculture, rural areas and farmers will total 391.7 billion yuan, an increase of 52 billion yuan over last year.
*China will set up a nationwide basic minimum cost of living allowance system this year for rural residents.
*The trial area of the new type of rural cooperative medical care system will
be expanded this year to cover over 80 percent of all counties, county-level
cities and city districts in China.
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