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Highlights: Premier Li's government work report

来源:chinadaily.com.cn 作者: 编辑:李莎宁 2014-03-05 11:35:05
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  BEIJING - Following are the highlights of a government work report distributed to media ahead of the annual session of the National People's Congress (NPC) Wednesday morning.

  MAJOR TARGETS FOR 2014

  -- Gross domestic product (GDP) grows about 7.5 percent.

  -- Consumer Price Index (CPI) increase will be kept around 3.5 percent.

  -- Add 10 million more urban jobs.

  -- Keep the registered urban unemployment rate at a maximum 4.6 percent.

  -- The government will work to increase personal incomes in step with economic development.

  FISCAL AND MONETARY POLICIES FOR 2014

  -- China will continue to implement a proactive fiscal policy and a prudent monetary policy.

  -- The government budget deficit for this year is projected to be 1.35 trillion yuan ($218 billion dollars), an increase of 150 billion yuan over last year, and accounts for 2.1 percent of GDP.

  -- The broad monetary supply (M2) is forecast to grow by around 13 percent.

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