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Key figures in government work report by Premier Wen

0 CommentsPrint E-mail Xinhua, March 5, 2011
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Chinese Premier Wen Jiabao delivered a report on the work of the government Saturday morning at the annual session of the National People's Congress (NPC).

Following are some key figures from the Wen Jiabao's report.

Work review in 2010GDP increased by 10.3 percent year on year.

Consumer Price Index (CPI) rose by less than 3.3 percent.

A total of 11.68 million job opportunities were created for urban residents.

Main tasks for 2011

GDP will grow by around 8 percent.

Consumer Price Index (CPI) increase will be kept around 4 percent.

Over nine million jobs will be created for urban residents. The registered urban unemployment rate will be kept at 4.6% or lower.

The government will budget a deficit of 900 billion yuan, consisting of 700 billion yuan in central government deficit and 200 billion yuan in local government bonds.

The government will increase the broad money supply, or M2, by around 16 percent.

The central government plans to allocate 988.4 billion yuan for agricultural, farmers, and rural areas, an increase of 130.4 billion yuan over last year.

The central government will allocate 42.3 billion yuan to stimulate employment.

A total of 103 billion yuan will be channeled for low-income housing, an increase of 26.5 billion yuan over last year.

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