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Facts and figures: China's major development goals for 2013

(Xinhua)

10:48, March 05, 2013

Key points of Premier Wen's government work report:

• China to control scale of megacities in urbanization drive: Wen
• China to optimize government expenditures: Wen
• Wen suggests new gov't expanding domestic demand
• Wen stresses concrete action in addressing environmental woes
• Facts and figures: China's major development goals for 2013
• China to further 'stimulate' private investment: report
• China to 'firmly rein' in property speculation: report
• China to increase 2013 deficit to 1.2 trillion yuan
• China lowers 2013 inflation target to 3.5 pct
• China keeps 2013 GDP growth target unchanged at 7.5%
• China to continue 'proactive fiscal, prudent monetary' policy

BEIJING, March 5 (Xinhua) -- Chinese Premier Wen Jiabao delivered a report on the work of the government Tuesday morning at the annual session of the National People's Congress.

It is his last government work report to the country's top legislature. Following are some key facts and figures of China's major development goals for 2013 from the report:

-- To increase GDP by about 7.5 percent.

-- To hold increases in the CPI to around 3.5 percent.

-- To add more than 9 million urban jobs.

-- To keep the registered urban unemployment rate at or below 4.6 percent.

-- China is projecting a deficit of 1.2 trillion yuan, 400 billion more than the budgeted figure last year.

-- The increase in the deficit this year will bring the deficit-to-GDP ratio to about 2 percent, which is overall at a safe level.

-- The target for growth of the broad money supply is about 13 percent.

-- To ensure that China's farmland remains at or above the red line of 120 million hectares.

-- Basic old-age pensions for enterprise retirees should be raised by another 10 percent.

-- This year, 4.7 million government-subsidized urban housing units should be basically completed, construction of another 6.3 million units should begin, and renovation of dilapidated rural houses should continue.

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