Highlights of 2021 Government Work Report

Source: chinadaily.com.cn | 2021-03-05 18:41

Premier Li Keqiang delivered a government work report at the opening of this year's session of the 13th National People's Congress in Beijing on Friday. Here are some highlights.

Main targets for 2021

- China sets its GDP growth target for 2021 at above 6 percent

- China plans to create more than 11 million new jobs in 2021

- China to maintain its CPI at around 3 percent in 2021

- China plans to cut the ratio of its deficit to GDP to around 3.2 percent for the year of 2021

- China to cut energy consumption per unit of GDP by around 3 percent in 2021

- China to expand effective investment this year, with a central investment budget of 610 billion yuan (about $94 billion)

- China to hold key exhibitions including the China International Import Expo, the China Import and Export Fair, and the China International Fair for Trade in Services

- China to make meticulous preparations for Beijing Winter Olympics

Policies for 2021

- China to enhance job-priority policies in 2021

- China to accelerate trade of energy-consumption, carbon-emission rights

- China to promote COVID-19 vaccine development, free inoculation

- China to prevent mass return to poverty and fully implement rural vitalization strategy

- China to further transform govt functions in 2021

- China to step up pollution control

- China to actively promote the development of nuclear power on the premise of safety

- China to advance building of healthcare system

- China to revitalize, develop traditional medicine

- China to boost smart services for elderly

- China to do more to ensure education fairness

- China to improve regional economic structures

- China not to make sharp changes to its macro-policies in 2021

- China to adopt a prudent monetary policy that is flexible, precise, appropriate and moderate in 2021

- China to improve, implement tax-cut policies in 2021

- China to keep renminbi basically stable at reasonable, balanced level in 2021

- China to create world-class business environment

- China to further shorten negative list for foreign investment

- China vows to protect legitimate rights of foreign companies

- China to strengthen anti-monopoly efforts and contain disorderly expansion of capital, and ensure fair market competition

'One country, two systems'

- China to continue to fully, faithfully implement 'one country, two systems'

- China to improve systems, mechanisms in its SARs

- China to promote exchanges, cooperation and integrated development across the Taiwan Straits

- China to resolutely deter 'Taiwan independence' separatist activities

14th Five-Year Plan (2021-2025)

- China to keep its economy running within an appropriate range during the 14th Five-Year Plan period

- China to implement a state strategy in active response to population aging during the 14th Five-Year Plan period

- China's R&D spending to grow by over 7 percent annually during the 14th Five-Year Plan period

- China to stick to the innovation-driven development strategy and accelerate the building of a modern industrial system during the 14th Five-Year Plan period

- China to foster a world-class business environment during the 14th Five-Year-Plan period

- The life expectancy of Chinese citizens to increase by one year during the 14th Five-Year Plan period

- China to promote green development during 14th Five-Year Plan period

- China to continuously improve living standards of its citizens and solidly promote common prosperity during the 14th Five-Year Plan period

- China to promote the high-quality development of the Belt and Road during the 14th Five-Year Plan period

- China to advance the reform and opening up across the board, and bolster the momentum and vitality of development during the 14th Five-Year-Plan period

- China to advance rural vitalization on all fronts and improve the new urbanization strategy during the 14th Five-Year Plan period

- China to develop a strong domestic market and foster a new development paradigm during the 14th Five-Year Plan period

- China to push forward the Peaceful China initiative on a higher level during the 14th Five-Year Plan period

- China to make concrete efforts to achieve the peaking of carbon emissions by 2030 and carbon-neutrality by 2060

Global partnerships

- China to promote Sino-US trade ties on basis of mutual respect

- China to pursue high-level opening-up

- China to actively participate in intl cooperation in major infectious disease prevention, control

- China to quicken China-Japan-ROK FTA negotiations

- China to promote signing of China-EU investment treaty

- China to work for the early entry into force and implementation of the Regional Comprehensive Economic Partnership Agreement

- China actively considers joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership

- China firmly upholds multilateral trade regime

- China to deepen bilateral, multilateral and regional economic cooperation

- China to promote fairer, more equitable development of global governance system

- China to launch more pilot programs on service opening-up

- China to build network of high-standard free trade zones