LireviewedChina鈥檚economicandsocialdevelopmentin2017,beforesettingoutproposalsforgovernmentworkin2018.Thefollowingsarethehighlightsofthereport:
ProposalsfortheWorkin2018
Steppingupsupply-sidestructuralreform
Developingpowerfulnewgrowthdrivers
SpeedingupworktobuildChinaintoaleaderinmanufacturing
Continuingtocutineffectivesupply
In2018,steelproductioncapacitywillbecutbyaround30millionmetrictonsandcoalproductioncapacitybyapproximately150millionmetrictons.Coal-firedpower-generatingunitswithacapacityoflessthan300,000kwthatfailtomeetstandardswillbeclosed.
Deepeningthereformsdesignedtodelegatepower,improveregulationandprovidebetterservices
Furtherlighteningthetaxburdenonbusinesses
Taxesonbusinessesandindividualswillbereducedbymorethan800billionyuan.
Slashingnon-taxburdensonbusinesses
Non-taxburdenonmarketentitiesisexpectedtobelightenedbyover300billionyuanin2018.
MovingfastertomakeChinaacountryofinnovators
Improvingnationalinnovationsystems
Actingonandimprovingpoliciesthatstimulateinnovation
Assuringthenationwidebusinessstartupandinnovationdriveistakentothenextlevel
Deepeningreformsinfundamentalandkeyareas
AdvancingthereformofstatecapitalandSOEs
Supportingthedevelopmentofprivateenterprises
Improvingpropertyrightssystemsandmechanismsformarket-basedallocationofthefactorsofproduction
Continuingstructuralfiscalandtaxreforms
Speedingupreformsinthefinancialsector
Advancinginstitutionalsocialreforms
Buildingamorerobustsystemfordevelopinganecologicalcivilization
Fightingthreecriticalbattles
Strivingfornotableprogressinforestallinganddefusingmajorrisks
Localgovernmentspecialbondsissuedwilltotal1.35trillionyuan,anincreaseof550billionyuanyearonyear.
Steppinguptargetedpovertyalleviation
Poorruralpopulationswillbefurtherreducedbyover10million,including2.8millionpeoplewhoaretoberelocatedfrominhospitableareas.
Workingtomakegreaterprogressinaddressingpollution
Sulfurdioxideandnitrogenoxideemissionswillbecutby3percent.AcontinuousdeclineinPM2.5densityinkeyareaswillbeachieved.Chemicaloxygendemandandammonianitrogenemissionswillbecutby2percent.
Makingstrongmovesintheruralrevitalizationstrategy
Advancingsupply-sidestructuralreforminagriculture
Theareaofhigh-standardcroplandwillbeincreasedbyatleast5.33millionhectaresandthecoverageofefficientwater-savingirrigationwillbeexpandedby1.33millionhectares.
Deepeningallruralreforms
Promotingthefulldevelopmentofallprogramsinruralareas
Theinfrastructureforsupplyingwaterandpower,information,andsoonwillbeimproved.Atotalof200,000kmofruralroadswillbebuiltorupgraded.
Makingsolidprogressinthecoordinatedregionaldevelopmentstrategy
Creatinganewlandscapeinregionaldevelopment
Pursuingbetter-qualitynewurbanization
Thisyear,another13millionpeoplewillberegisteredaspermanenturbanresidents,andtheworkongrantingpermanenturbanresidencytopeoplefromruralareaslivingincitieswillbespedup.
Activelyincreasingconsumptionandpromotingeffectiveinvestment
Strengtheningthefundamentalroleofconsumptionindrivingeconomicgrowth
Thepreferentialpoliciesonpurchasetaxonnew-energyvehicleswillbeextendedbyanotherthreeyears.Alllocalpoliciesthatrestrictsalesofnon-localsecond-handvehicleswillberescinded.
Enablinginvestmenttoplayapivotalroleinimprovingthesupplystructure
Creatinganewlandscapeinall-aroundopeningup
AdvancinginternationalcooperationundertheBeltandRoadInitiative
Promotingasteadygrowthinforeigninvestment
Consolidatingthehealthytrendtowardstablegrowthinforeigntrade
Promotingtradeandinvestmentliberalizationandfacilitation
Doingmoretoensureandimprovepeople鈥檚well-being
Focusingonboostingemploymentandbusinessstartups
Steadilyincreasingpeople鈥檚incomes
Developingfair,high-qualityeducation
ImplementingtheHealthyChinastrategy
Betteraddressingpeople鈥檚housingneeds
Strengtheningeffortstomeetpeople鈥檚basiclivingneeds
Developinganewmodelofsocialgovernancebasedoncollaboration,co-governance,andcommongains
Providingrichculturalnourishmenttohelpourpeopletolivebetterlives
MajorWorkinthePastFiveYears
Withacommitmenttothegeneralprincipleofpursuingprogresswhileensuringstability,thegovernmenthasfocusedondevelopingnewandbetterapproachestomacroregulation,keptmajorindicatorswithinanappropriaterange,andachievedstable,positiveeconomicperformance.
Withacommitmenttotreatingsupply-sidestructuralreformasourmaintask,thegovernmenthasfocusedonfosteringnewgrowthdriverstospeedupeconomicstructuralupgrading.
Withacommitmenttoinnovation-drivendevelopment,andafocusonunlockingpubliccreativity,thegovernmenthasachievedaremarkableimprovementinourgeneralcapacityformakinginnovationsandforseeingthatinnovationdelivers.
Withacommitmenttodeepeningreformacrosstheboard,thegovernmenthastakenmajorstepstoremoveinstitutionalbarriers,thussteadilyboostingthedrivingforcespoweringdevelopment.
WithacommitmenttoChina鈥檚fundamentalpolicyofopeningup,thegovernmenthasfocusedonpromotingwin-wincooperation,andsignificantlyimprovedtheperformanceofourcountry鈥檚openeconomy.
Withacommitmenttoimplementingthecoordinatedregionaldevelopmentandnewurbanizationstrategies,thegovernmenthaspromotedmorebalanceddevelopment,andseennewgrowthpolesandbeltsdevelopingfaster.
Withacommitmenttoapeople-centereddevelopmentphilosophy,thegovernmenthasendeavoredtoensureandimprovelivingstandardsandseenthegrowingsatisfactionofthepeople.
Withacommitmenttoachievingharmonybetweenhumanandnature,thegovernmenthastakenmajorstepstoaddresspollution,andachievednotableprogressinecologicalconservation.
Withacommitmenttofullyperforminggovernmentfunctionsinaccordancewithlaw,thegovernmenthasfocusedonenhancinganddevelopingnewformsofsocialgovernance,andensuredsocialharmonyandstability.
ProjectedTargetsforDevelopmentin2018
GDPgrowthofaround6.5percent
CPIincreaseofaround3percent
Over11millionnewurbanjobs,thesurveyedurbanunemploymentratewithin5.5percentandtheregisteredurbanjoblessratewithin4.5percent
Basicparityinpersonalincomegrowthandeconomicgrowth
Asteadyriseinimportandexportvolumesandabasicequilibriuminthebalanceofpayments
Adropofatleast3percentinenergyconsumptionperunitofGDP,andcontinuedreductionsinthereleaseofmajorpollutants
Substantiveprogressinsupplysidestructuralreform,basicallystablemacroleverage,andsystematicandeffectivepreventionandcontrolofrisk
GeneralPrincipleofPursuingProgress
Stronglypromotinghigh-qualitydevelopment
Beingbolderinreformandopeningup
Ensuringsuccessinthethreecriticalbattlesagainstpotentialrisk,povertyandpollution,battlesthatareimportantfordecisivelybringingtocompletionthebuildingofamoderatelyprosperoussocietyinallrespects