Highlights of Premier Wen´s gov´t work report

Source: Xinhua | 03-05-2009 08:14

BEIJING, March 5 (Xinhua) -- Chinese Premier Wen Jiabao is to deliver a report on the work of his Cabinet at the opening meeting of the annual full session of the National People's Congress (NPC), China's top legislature, scheduled to start in the Great Hall of the People at 9 a.m. Thursday.

Following are the highlights of Wen's 44-page Report on the Work of the Government, a set of plans and polices of the Chinese government to cope with the tough economic situation and stimulate the Chinese economy. The text of the report was distributed to the media prior to the opening of the NPC session:

MAJOR TARGETS for 2009

-- GDP will grow by about 8 percent;

-- Economic structure will further improve;

-- Urban employment will increase by more than 9 million persons;

-- Urban registered unemployment rate will be held under 4.6 percent;

-- Urban and rural incomes will grow steadily;

-- Rise in the CPI will be around 4 percent;

-- Balance of payments will continue to improve.