China faces 'formidable challenges', says Li

Updated: 2015-03-05 10:30

By Li Xiang(chinadaily.com.cn)

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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

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