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China releases full text of government work report

0 Comment(s)Print E-mail Xinhua, March 15, 2023
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The Report on the Work of the Government was released in full via Xinhua News Agency on Tuesday.

The government work report was adopted on March 13 at the first session of the 14th National People's Congress.

The report comprises two parts:

I. A Review of Our Work in 2022 and over the Past Five Years

II. Recommendations for the Work of Government in 2023

The report proposes the main projected targets for development in 2023 as follows:

-- GDP growth of around 5 percent

-- around 12 million new urban jobs

-- surveyed urban unemployment rate of around 5.5 percent

-- CPI increase of around 3 percent

-- growth in personal income that is generally in step with economic growth

-- steady increases in both the volume and quality of imports and exports

-- a basic equilibrium in the balance of payments

-- grain output of over 650 million metric tons

-- continued reductions in energy consumption per unit of GDP and in the discharge of major pollutants, with priority on controlling fossil fuel consumption

-- steady improvements in the quality of the eco-environment. 

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