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China lauds success in developing economy and society

China successfully worked to implement its national economic and social development in 2016, a good start for carrying out of the country's 13 th Five-Year Plan (2016-2020).

Meanwhile, China set its gross domestic product growth (GDP) target for 2017 at around 6.5 percent, according to the Premier Li Keqiang who delivered a report at the opening meeting of the fifth session of the 12 th National People's Congress (NPC) in Beijing, China on Sunday.

Over 3,000 members of the fifth session of the 12 th National People's Congress (NPC) attend the opening ceremony of the annual session of China's top legislature in Beijing.

The opening ceremony of China's top legislature was attended by General Secretary of the Communist Party of China, Chinese President Xi Jinping, accompanied by party and state leaders.

Premier Li said last year China's GDP reached 74.4 trillion yuan with about 6.7 percent growth, and contributed more than 30 percent of global growth.

Energy consumption per unit of GDP fell by five percent markedly improving both the quality and efficiency of economic performance over the past year.

The GDP target will help steer and steady expectations and make structural adjustments as well as help achieve the goal of building a moderately prosperous society in all respects by 2020, Li said while delivering the report at the session, the first since   Xi Jinping   was endorsed as the core of the Communist Party of China (CPC) Central Committee last October.

Li called for more close solidarity around the CPC Central Committee with Xi as the core and hard work to fulfil development targets.

This year is of crucial importance for the country as the CPC will convene its 19th National Congress in the second half of 2017 to elect a new leadership for the next five years during which Xi's vision of a well-off society will be achieved.

In terms of poverty reduction the government spent a budget over 100 billion yuan to alleviate the problem across the country, and lifted 12.4 million people in remote areas out of poverty.

The government continually provided a budget of more than four percent of GDP for education and tuition fees for upper secondary school students from poor remote families.

Moreover, more than 84 million people in China last year received scholarships to study at schools, universities and higher education institutes.

Last year, China created 13.14 million urban jobs, reducing the urban unemployment rate to 4.02 percent; its lowest point for several years.

Some 120 million Chinese also travelled overseas as tourists in 2016.


By Khonesavanh Latsaphao
 
(Latest Update March 07, 2017)

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