【March 5 2010】
3rd plenary meeting of 11th NPC opens,
Wen delivers government work report

Full Text

Video Highlights

China reviews government´s work in 2009

China´s outlook for 2010

Point I | Point II | Point III | Point IV
Point V | Point VI | Point VII | Point VIII

Highlights of Premier Wen´s government work report

Government Work Review in 2009

-- China´s gross domestic product (GDP) reached 33.5 trillion yuan, up 8.7 percent from a year earlier.

-- Fiscal revenue was 6.85 trillion yuan, up 11.7 percent year on year.

-- Grain production was 531 million tonnes, a new record and increasing for the sixth consecutive year.

-- A total of 11.02 million job opportunities were created for urban residents.

-- The per capita disposable income of urban residents was 17,175 yuan, up 9.8 percent in real terms, while the net per capita income of rural residents was 5,153 yuan, rising 8.5 percent in real terms.

-- The central government´s public investment was 924.3 billion yuan, 503.8 billion yuan more than in the previous year´s budget.

-- The government invested 654.5 billion yuan to support the post-Wenchuan earthquake recovery and reconstruction work.

-- The central government used 725.3 billion yuan to support agriculture, rural areas and farmers, an increase of 21.8 percent.

-- A total of 20 billion yuan was provided to support 4,441 technological upgrading projects.

-- Last year imports and exports totaled 2.2 trillion U.S. dollars.

-- Actual utilized foreign direct investment amounted to 90 billion U.S. dollars for the entire year.

-- The central government spent 127.7 billion yuan on medical and health care, an increase of 49.5 percent.

Main Tasks in 2010

Major targets for 2010 | [Watch Video]

8-Points for 2010 government´s work:

1. Improve macroeconomic control to maintain fast yet steady economic development. | [Watch Video]

2. Change the pattern of economic development, and upgrade the economic structure | [Watch Video]

3. Step up the efforts for balanced urban and rural development, and strengthen the basis for the development of agriculture and rural areas. | [Watch Video]

4. Implement the strategy of reinvigorating the country through science and education and the strategy of strengthening the country through human resources development | [Watch Video]

5. Promote cultural progress | [Watch Video]

6. Ensure and improve people´s livelihood, and promote social harmony and progress | [Watch Video]

7. Unswervingly deepen the reforms and continue to expand the opening up | [Watch Video]

8. Strive to build a service-oriented government that satisfy people´s needs and win their trust | [Watch Video]

NPC Opening Meeting News Coverage

China to further promote yuan settlement in cross-border trade, keep yuan "basically stable": premier

China will keep the exchange rate of yuan "basically stable" at an "appropriate and balanced" level while further promoting the use of the Chinese currency in cross-border trade, Premier Wen Jiabao said Friday.

China to speed up reform of monopoly industries

China will accelerate the reform of monopoly industries to facilitate fair competition among private and state-owned businesses, Premier Wen Jiabao said in a government work report delivered at the parliament´s annual session Friday.

China to continue reforming cultural system: premier

Premier Wen Jiabao said Friday China will continue to reform its cultural system and encourage cultural innovation.

China woos multinationals to set up regional headquarters

Multinational businesses are encouraged to set up regional headquarters and functional agencies in China and enhance cooperation of technology research and development, Premier Wen Jiabao said in a government work report to the parliament´s annual session Friday.

Premier Wen stresses reporting of officials´ assets

Chinese Premier Wen Jiabao said Friday leading officials must report their property and "willingly" accept the oversight of disciplinary bodies.

Premier Wen admits governance shortcomings

Chinese Premier Wen Jiabao said Friday that some officials are "divorced from reality and the masses," and are "excessively formalistic and bureaucratic."

China sets inflation target at 3% for 2010, leaves room for resource price reform

China targets a rise of consumer price of around 3 percent this year, Premier Wen Jiabao said when delivering a government work at the parliament´s annual session Friday.

Chinese Premier vows to curb excessive growth of home prices

Chinese Premier Wen Jiabao on Friday reiterated determination to curb excessive growth of home prices in major cities and satisfy people´s basic need for housing as the annual session of China´s top legislature opens.

China to invest massive funds to boost employment: premier

Chinese government on Friday announced to allocate 43.3 billion yuan (6.34 billion U.S.dollars) to boost employment this year as it opens its annual parliament session.

China to reform income distribution system, narrow income gap

Chinese Premier Wen Jiabao vowed Friday to enhance rational income distribution system as it is an "important manifestation of social fairness and justice" and a major way out for boosting domestic demand and narrowing income gap.

China plans "proper, sufficient" supply of money, credit in 2010

China will inject "proper and sufficient" money and credit into the economy to ensure growth this year, as the moderately easy monetary policy will continue, said Premier Wen Jiabao at the parliament´s annual session Friday.

China to accelerate development of Internet of Things: Premier

Chinese Premier Wen Jiabao set forth an ambitious plan Friday for the country to mount the commanding height of science and technological innovation, such as in the field of Internet of Things and new energy-powered vehicles.

Chinese Premier promises continuous increase in rural incomes

China will keep a steady development of agriculture and a continuous increase in rural incomes, said Premier Wen Jiabao while speaking at the opening of the parliament´s annual session Friday.

China plans 10.6 bln yuan to support small businesses in 2010

China will allocate 10.6 billion yuan to beef up development of small and medium-sized enterprises (SME) this year, says a government work report delivered by Premier Wen Jiabao at the parliament´s annual session Friday.

Chinese to "strictly control" new projects this year: Premier

Chinese Premier Wen Jiabao said Friday that the government is to strictly control the launching of new projects this year in an effort to curb redundant investment.

China to draw up policies to boost development in Tibet, Xinjiang

China will draw up policies this year to boost the development in Xinjiang and Tibet as well as other Tibetan-inhabited areas, Premier Wen Jiabao said Friday.

China sets 2010 economic growth rate at 8%, stressing quality of growth

China expects its economy to grow around 8 percent in 2010 from a year earlier, says a report delivered by Premier Wen Jiabao at the annual parliament session Friday.

China to see crucial but complicated year: premier

The year of 2010 will be a crucial but complicated year for China´s economic development, Premier Wen Jiabao said at the parliament´s annual session Friday.

China enhances industrial restructuring for balanced growth: premier

China intensified industrial restructuring in 2009 in an effort to optimize economic structure and lay a sound foundation for long-term development, Premier Wen Jiabao said at the parliament´s annual session Friday.

China reports hefty investment to improve people´s livelihood in 2009: premier

The Chinese government made hefty investment, 44 percent of the total public investment from the central budget, to improve people´s livelihood last year, Premier Wen Jiabao said at the parliament´s annual session Friday.

China to continue proactive fiscal policy, moderately easy monetary policy in 2010

China will continue to implement a proactive fiscal policy and a moderately easy monetary policy in 2010, says a government work report to be delivered by Premier Wen Jiabao at the parliament´s annual session Friday.

China realizes 65.5% of planned investment for post-Wenchuan quake rebuilding

China has invested 654.5 billion yuan (96.3 billion U.S. dollars) for rebuilding the areas worst hit by a devastating earthquake in 2008, or 65.5 percent of the total planned investment, Premier Wen Jiabao said Friday.

China to enhance armed police´s ability to fight terrorism: report

China will modernize its armed police force and make it better able to respond to emergencies, fight terrorism and maintain stability, according to a government work report on Friday.

China´s defense spending to increase 7.5% in 2010: draft budget

China plans to increase its national defense spending by 7.5 percent to 519.082 billion yuan (about 76.3 billion U.S. dollars) in 2010, according to a draft budget report.

China budgets 1.05 trln yuan of fiscal deficit for 2010

China budgets 1.05 trillion yuan (154.4 billion U.S. dollars) of fiscal deficit this year to support economic growth as government revenue will fall significantly short of expenditures, says a government work report to be delivered by Premier Wen Jiabao at the parliament´s annual session Friday.

Photos

China reviews government´s work in 2009

China´s outlook for 2010

Point I | Point II | Point III | Point IV Point V | Point VI | Point VII | Point VIII

Point I | Point II | Point III | Point IV
Point V | Point VI | Point VII | Point VIII