Premier Li Keqiang delivered a government work report at the opening of this year's session of the 13th National People's Congress in Beijing on Friday. Here are some highlights.
Main targets for 2021
- China sets its GDP growth target for 2021 at above 6 percent
- China plans to create more than 11 million new jobs in 2021
- China will maintain its CPI at around 3 percent in 2021
- China plans to cut the ratio of its deficit to GDP to around 3.2 percent for the year of 2021
- China to cut energy consumption per unit of GDP by around 3 percent in 2021
- China to step up pollution control
- China will actively promote the development of nuclear power on the premise of safety
- China to continue with innovation-driven development strategy
- China to further shorten negative list for foreign investment
- China vows to protect legitimate rights of foreign companies
- China to further transform govt functions in 2021
- China to hold key exhibitions including the China International Import Expo, the China Import and Export Fair, and the China International Fair for Trade in Services
- China to improve regional economic structures
- China will promote exchanges, cooperation and integrated development across the Taiwan Straits
14th Five-Year Plan (2021-2025)
- China to implement a state strategy in active response to population aging during the 14th Five-Year Plan period
- China's R&D spending to grow by over 7 percent annually during the 14th Five-Year Plan period
- China will stick to the innovation-driven development strategy and accelerate the building of a modern industrial system during the 14th Five-Year Plan period
- China will foster a world-class business environment during the 14th Five-Year-Plan period
- China will push forward the Peaceful China initiative on a higher level during the 14th Five-Year Plan period
Global partnerships
- China to pursue high-level opening-up
- China to actively participate in intl cooperation in major infectious disease prevention, control
- China to quicken China-Japan-ROK FTA negotiations
- China to promote signing of China-EU investment treaty
- China will work for the early entry into force and implementation of the Regional Comprehensive Economic Partnership Agreement
- China actively considers joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership
- China firmly upholds multilateral trade regime
- China will promote the high-quality development of the Belt and Road during the 14th Five-Year Plan (2021-2025) period
- China will deepen bilateral, multilateral and regional economic cooperation
