This year, the central government will increase its budgetary investment to 477.6 billion yuan. However, the government does not intend to perform an investment soliloquy; we need to do more to stimulate private investment and channel the investment of nongovernmental capital into more areas.

We will keep our investment in railway construction above 800 billion yuan and open over 8,000 kilometers of railways to traffic. We will work to ensure that drive-through electronic toll collection systems are connected up on expressways throughout the country, and work toward making transportation truly lead the way in promoting development. Construction on the 57 ongoing major water conservancy projects needs to be accelerated; construction will be started on an additional 27 such projects this year, and investment in the major water conservancy projects under construction will exceed 800 billion yuan. Investment to be made in the above sectors, such as railways, water conservancy, and projects to rebuild rundown urban areas, will be weighted toward the central and western regions, helping stimulate enormous domestic demand.

We will work harder to modernize agriculture.

We will continue to give top priority to our work relating to agriculture, rural areas, and the rural population, speed up the transformation of the agricultural growth model, and ensure that agriculture is stronger, people in rural areas are better off, and rural China is more beautiful.

This year, we need to keep grain output above 550 million metric tons, and ensure both food security and the supply of major agricultural products. We will make sure that China’s arable land area does not fall below the red line of 120 million hectares. We will carry out work on designating permanent basic cropland throughout the country, launch an initiative to maintain and enhance the quality of cultivated land, improve rural land, improve the subsoil of 13.3 million hectares of cropland, strengthen the building of irrigation and water conservancy facilities, and work hard to develop water-efficient agriculture.

We will step up efforts to develop and expand the use of new technology, new crop varieties, and new agricultural machinery. We will guide farmers to adjust what and how much they grow or breed based on market demand. We will offer support for agricultural products to be processed locally, particularly for grain processing in major grain-growing areas, and carry out pilot projects to replace grain crop cultivation with feed crop cultivation. We will comprehensively address problems such as residual traces of chemicals in agricultural products and livestock shipments. We will work to improve the quality of all agricultural products and make our food more safe to eat.