Major Targets for China's National Economic, Social Development in 2000

Zeng Peiyan, minister in charge of the State Development Planning Commission, today listed major targets for national economic and social development in 2000 while he presented a report on the Implementation of the 1999 Plan and the draft 2000 plan for National Economic and Social Development to the Third Session of the Ninth NPC:

-- Economic growth rate of around 7 percent;

-- Increase in total fixed asset investment of around 10 percent;

-- Consumer price level and overall retail price level equal to or slightly higher than those of 1999;

-- Total import and export volume up by 3 percent and a basic equilibrium of balance of payments;

-- Central government deficit of 229.9 billion yuan;

-- Total volume of currency issued around 150 billion yuan;

-- Registered urban unemployment rate controlled around 3.5 percent; and

-- Natural population growth rate of 9.2 per thousand.

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