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Premier Li delivers govt work report

(chinadaily.com.cn)

Updated: 2015-03-05 09:09:53

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Premier Li delivers govt work report

The 3rd session of 12th National People's Congress (NPC), China's national legislature, opens its annual session at the Great Hall of the People in Beijing, March 5, 2015. [Photo/Xinhua]

Key figures for China's economy in 2015

- 7%

Increase GDP by approximately 7 percent

- 3%

Keep increase in CPI at around 3 percent

- 10 million

Create over 10 million jobs in urban areas

- 4.5%

Ensure registered urban unemployment rate not to exceed 4.5 percent

- 6%

Increase imports and exports by around 6 percent

- 3.1%

Cut energy intensity by 3.1 percent

- 1.62 trillion yuan

Annual government budget deficit is projected to be 1.62 trillion yuan

- 2.3%

Deficit to GDP ratio will rise from last year's 2.1 percent to 2.3 percent

- 12%

M2 money supply is forecasted to grow by around 12 percent, but actual supply may be slightly higher

- 477.6 billion yuan

The central government will increase its budgetary investment to 477.6 billion yuan

- 800 billion yuan

Over 800 billion yuan will be invested in railway construction and open over 8,000 km of railways to traffic

- 800 billion yuan

Over 800 billion yuan will be invested in the major water conservancy projects

- 7.4 million

Build an additional 7.4 million units of government-subsidized housing

- 10 million

Reduce the poor rural population by more than 10 million

- 550 million metric tons

Keep grain output above 550 million metric tons

- 3.1%

Cut the intensity of carbon dioxide by at least 3.1 percent

- 3.66 million

Renovate 3.66 million dilapidated rural houses, an increase of 1 million over the renovated last year