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Premier Wen's government work report

English.news.cn   2012-03-05 14:10:18

 

Highlights: Premier Wen's government work report 

 
Chinese Premier Wen Jiabao delivers a government work report during the opening meeting of the Fifth Session of the 11th National People's Congress (NPC) at the Great Hall of the People in Beijing, capital of China, March 5, 2012. (Xinhua/Yao Dawei)


 Video: Premier Wen delivers government work report: Major steps for gov't work in 2012

Parliament session starts, China to "make progress while maintaining stability"

BEIJING, March 5 (Xinhua) -- China opened its annual parliamentary session on Monday, cutting the projected economic growth to 7.5 percent and vowing to "make progress while maintaining stability" in 2012.

This is the first time for China to lower its annual economic growth target after setting it around 8 percent since 2005. Full story

 China cuts 2012 GDP growth to 7.5 pct to boost development quality

BEIJING, March 5 (Xinhua) -- China sets its GDP growth target at 7.5 percent this year, down from 8 percent in 2011, according to a government work report delivered by Premier Wen Jiabao at the parliament's annual session Monday.

This is the first time for the Chinese government to lower its economic growth target after keeping it around 8 percent for seven consecutive years, in face of global turbulence and a pressing demand for accelerating economic structural improvement after years of breakneck growth.  Full story

China targets 4% consumer price rise this year

BEIJING, March 5 (Xinhua) -- China aims to rein this year's consumer price growth at around 4 percent, according to a government work report delivered by Premier Wen Jiabao at the annual parliamentary session on Monday.

"In projecting a CPI increase of around 4 percent, we have taken into account imported inflation, rising costs of factors of production, and people's ability to absorb the impact of price increases, while leaving room for the effect of price reforms," Wen said.  Full story

China vows 9 mln new jobs in 2012, stresses people's well-being

BEIJING, March 5 (Xinhua) -- China aims to create more than 9 million new jobs in towns and cities this year as part of the government's efforts in bettering people's well-being, Premier Wen Jiabao told the parliament's annual session Monday.

"Employment is of great importance to China's development and the people's well-being," Wen said at the Fifth Session of the 11th National People's Congress which opened Monday morning, nothing that the government would make every effort to increase employment. Full story

China aims to increase exports, imports by 10 pct

BEIJING, March 5 (Xinhua) -- China aims to increase the volume of total exports and imports by around 10 percent year-on-year in 2012 to further improve its international balance of payments, Premier Wen Jiabao said in a government work report Monday.

The targeted foreign trade growth is a sharp slowdown from last year when China's imports and exports rose 22.5 percent year-on-year to 3.64 trillion U.S. dollars.  Full story

China to make plan to narrow income gap: Premier Wen

BEIJING, March 5 (Xinhua) -- China will promptly formulate a master plan for reforming the income distribution system in a bid to narrow the widening income gap, Premier Wen Jiabao said in a report submitted to the parliament's session Monday morning.

The government will strive to raise the proportion of individual income in national income, and raise the proportion of remuneration in the primary distribution, Wen said at the opening meeting of the Fifth Session of the National People's Congress, China's parliament. Full story

China to continue proactive fiscal, prudent monetary policies in 2012: report

BEIJING, March 5 (Xinhua) -- China will continue to follow a proactive fiscal policy and a prudent monetary policy in 2012, carry out timely and appropriate anticipatory adjustments and fine-tuning, and make policies more targeted, flexible, and forward-looking, Premier Wen Jiabao said Monday.

China will keep the deficit and government debt at "appropriate levels", Wen said in a government work report delivered at the annual session of the National People's Congress (NPC), China's top legislature.  Full story

China to keep RMB exchange rate basically stable

BEIJING, March 5 (Xinhua) -- China will keep the exchange rate of its currency yuan basically stable at an appropriate and balanced level, Premier Wen Jiabao said in his government work report Monday.

"We will improve the mechanism for setting the RMB exchange rate, make the floating exchange rate regime more flexible," Wen said in the report delivered at the annual parliamentary session opened Monday.  Full story

China faces many difficulties, challenges globally, domestically: Wen

BEIJING, March 5 (Xinhua) -- China still faces many difficulties and challenges internationally and domestically in economic and social development, according to a government work report delivered by Premier Wen Jiabao at the annual parliamentary session Monday morning.

"We are keenly aware of that," Wen said, describing the global economic recovery as "tortuous". He said the global financial crisis is still evolving, and the sovereign debt crisis in some countries will not ease any time soon.  Full story 

Farmers' rights to land not to be violated by anyone: Wen

BEIJING, March 5 (Xinhua) -- Farmers' rights to the land are property rights conferred by law, and these rights must not be violated by anyone, Premier Wen Jiabao said at the annual parliamentary session Monday morning.

"We will place farmland under strict protection, and formulate and promulgate regulations concerning compensation for the expropriation of rural collective land," Wen said at the opening of the annual session of the 11th National People's Congress.  Full story

Economic restructuring most pressing task: Wen

BEIJING, March 5 (Xinhua) -- Transformation of the mode of development and economic restructuring are the most pressing tasks at present for the Chinese government, Premier Wen Jiabao said in a government work report Monday.

These measures are the "key to solving the problems of imbalanced, uncoordinated, and unsustainable development" in China, said Wen in the report delivered at the annual session of the National People's Congress, China's top legislature.  Full story

China to impose "strictest control" over water resources: report

BEIJING, March 5 (Xinhua) -- China will impose the strictest control over water resources, according to a government work report released to the media ahead of the parliament's annual session.

The government will rationally set and adjust water resource fees in different localities, and carry out integrated price reform of water used for agricultural purposes, says the report to be delivered by Premier Wen Jiabao at the opening meeting of the Fifth Session of the National People's Congress (NPC).  Full story

China to further promote culture development: Premier Wen

BEIJING, March 5 (Xinhua) -- China will further promote the reform and development in its cultural system to provide a large quantity of high-quality cultural products to meet people's demand, Premier Wen Jiabao said at the parliament's annual session Monday morning.

The government will vigorously promote nonprofit cultural services and strengthen cultural infrastructure in communities, particularly in rural areas and the central and western regions, Wen said in a government work report delivered at the opening meeting of the Fifth Session of the 11th National People's Congress (NPC), the top legislature.  Full story

China aims to extend old-age pension scheme to cover all residents

BEIJING, March 5 (Xinhua) -- China is trying to make a frog jump in building its social security system by further extending the old-age pension program to cover all residents, Premier Wen Jiabao said in a government work report delivered at the parliament's annual session Monday.

"By the end of the year, we 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," Wen said at the Fifth Session of the 11th National People's Congress opened here Monday. Full story

China aims to increase 12 million low-income housing in 2012

BEIJING, March 5 (Xinhua) -- China hopes to complete 5 million units of low-income housing this year and start construction of another 7 million units as part of an effort in improving people's living conditions, according to a government work report delivered by Premier Wen Jiabao at the parliament's annual session Monday.

"We will work speedily to improve the system for constructing, allocating, managing, and recalling low-income housing units," Wen said in the report.  Full story

China to strengthen innovative social administration: Wen

BEIJING, March 5 (Xinhua) -- China will strengthen and make innovation in social administration to resolve various social conflicts that come along with the nation's fast economic development, Premiere Wen Jiabao said in his government work report on Monday.

"We will work hard to resolve social conflicts, make innovations in social administration, and enforce the law impartially and with integrity," Wen said at the annual session of the 11th National People's Congress. Full story


China's property market regulation to continue: premier

BEIJING, March 5 (Xinhua) -- China will continue to regulate the real estate market to bring down property prices to a reasonable level, said Premier Wen Jiabao at the opening of the annual parliamentary session Monday.

"We will strictly implement and gradually improve policies and measures for discouraging speculative or investment-driven housing demand, build on progress made in regulating the real estate market," said Wen when delivering his government work report at the Fifth Session of the 11th National People's Congress (NPC).  Full story

China pledges to develop non-public sector by breaking up monopolies

BEIJING, March 5 (Xinhua) -- China vows to develop the non-public sector of its economy by breaking up monopolies and relaxing restrictions on market access, Premier Wen Jiabao said Monday at the opening of the parliament's annual session.

The government will encourage nongovernmental investment in areas such as railways, public utilities, finance, energy, telecommunications, education, and medical care, Wen said.  Full story

China to further reform medical, health care services

BEIJING, March 5 (Xinhua) -- China will further reform its medical and health care services in 2012 to better people's well-being, Premier Wen Jiabao said in his government work report delivered at the annual parliamentary session Monday.

"We will move faster to improve the medical insurance system covering the whole population, consolidate and expand the coverage of basic medical insurance, and enhance our capability to provide and manage basic medical services," Wen told the Fifth Session of the 11th National People's Congress opened Monday.  Full story

 Central authorities to fully support HK, Macao in economy, people's well-being: Wen

BEIJING, March 5 (Xinhua) -- The central authorities of China will fully support Hong Kong and Macao in their efforts to boost economic growth, improve the people's well-being and promote democracy, Premier Wen Jiabao said here Monday.

The central government will implement coordinated policies and measures for supporting the economic and social development of Hong Kong and Macao, and open the mainland much wider to trade in services with the two regions, said Wen at the opening meeting of the Fifth Session of the National People's Congress, China's top legislature.  Full story

Special Report: NPC, CPPCC Annual Sessions 2012

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Editor: Xia Xiaopeng
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