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Work Report

Full Text: Report on the Work of the Government

(Xinhua)
Updated: 2013-03-18 19:58

II. General Requirements, Major Targets and Macroeconomic Policies for This Year's Economic and Social Development

At its Eighteenth National Congress, the Party scientifically reviewed its work over the previous five years and the historic achievements since its Sixteenth Congress, set forth the objectives of finishing building a moderately prosperous society in all respects and deepening reform and opening up in an all-around way, and laid out an overall plan for advancing the cause of socialism with Chinese characteristics.

The year 2013 is the first year for fully carrying out the guiding principles of the Party's Eighteenth National Congress, a crucial year for continuing to implement the Twelfth Five-Year Plan and an important year for laying a solid foundation for finishing building a moderately prosperous society in all respects. China remains in an important period of strategic opportunities during which much can be accomplished. There are many favorable conditions and positive factors as well as a number of risks and challenges for China's economic and social development. The profound impact of the global financial crisis persists, and the recovery of the world economy is full of uncertainty and not yet on a stable footing. We should realize that the situation is encouraging and so remain confident; but also that it is complex and so be mindful of adversity, have a keen sense of urgency, and industriously and earnestly do our work well.

The general requirements for this year's work are:

-- Thoroughly study and fully implement the guiding principles of the Eighteenth I 15 Party Congress.

-- Hold high the great banner of socialism with Chinese characteristics.

-- Follow the guidance of Deng Xiaoping Theory, the important thought of Three Represents and the Scientific Outlook on Development.

-- Take developing in a scientific way as the underlying guideline and accelerating the change of the growth model as the major task.

-- Focus on improving the quality and performance of economic growth.

-- Deepen reform and opening up.

-- Implement the strategy of making development more innovation-driven.

-- Make progress while ensuring stability.

-- Blaze new trails in a pioneering spirit.

-- Get off to a good start.

-- Comprehensively promote socialist economic, political, Cultural, social and ecological progress.

-- Achieve sustained, healthy economic growth and social harmony and stability.

The major targets for this year's economic and social development are:

-- Increase GDP by about 7.5%.

-- Better COOrdinate development.

-- Hold increases in the CPI to around 3.5%.

-- Add more than 9 million urban jobs.

-- Keep the registered urban unemployment rate at or below 4.6%.

-- Ensure that real per capita income for urban and rural residents increases in step with economic growth and that work remuneration rises in step with increases in labor productivity.

-- Further improve the balance of payments.

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