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Highlights: Premier Li delivers government work report (717 hits)


Source:CGTN 05-03-21 02:12 Updated BJT

The opening meeting of the fourth session of the 13th National People's Congress (NPC) started at the Great Hall of the People in Beijing on Friday, attended by Chinese President Xi Jinping and other state leaders.

Premier Li Keqiang delivered a government work report on behalf of the State Council to the national legislature for deliberation.

Here are the highlights from the work report:

Li said China was the world's only major economy to achieve growth in 2020 and has won a complete victory in the fight against extreme poverty.

With GDP growth of 2.3 percent in 2020, a better-than-expected recovery was achieved in the country, he noted.

In the past five years, over 60 million urban jobs were added and the world's largest social security system was established, Li said.

As the national legislature prepares to review the draft outline of the 14th Five-Year Plan (FYP), China has accomplished the major goals and tasks of the 13th FYP, Li affirmed in the report.

The country has set its GDP growth target at above 6 percent for 2021, the premier said.

'One Country, Two Systems'

"We will stay true to the letter and spirit of the principle of 'One Country, Two Systems', under which the people of Hong Kong administer Hong Kong and people of Macao administer Macao, both with a high degree of autonomy. We will improve the relevant systems and mechanisms of the two special administrative regions for enforcing the Constitution and the basic laws," Premier Li said.

China will ensure the implementation of laws and enforcement mechanisms for the two special administrative regions to safeguard national security. "We will resolutely guard against and deter external forces' interference in the affairs of Hong Kong and Macao," he said.

Economic development amid global pandemic

The global economy continues to face grave challenges as the COVID-19 pandemic rages on around the world, the premier said.

"We will face these problems and challenges squarely, make every effort to make improvements, and do all we can to live up to our people's expectations," he affirmed.

With the world still battling the pandemic, Li said China supports global cooperation on combating COVID-19 and calls for building a global health community. China has also made important contributions to advancing global peace and development, he added.

Opening-up

China will pursue high-standard opening-up and promote stable and improved performance in foreign trade and investment by promoting the steady growth of imports and exports, high-quality Belt and Road cooperation and strengthened multilateral, bilateral and regional economic cooperation, Li said.

"We will open up more sectors of the economy in a more thorough fashion and participate more fully in international economic cooperation," he said, adding, "China will improve and adjust import tariff policies and increase imports of quality products and services."

Financial system reform

China will strengthen budget constraints and performance management and promote greater transparency in the process, Li said.

The premier added that China will focus on reform in 2021, in areas including state-owned enterprises, energy, transportation and telecommunications. He called for efforts to promote the common development of enterprises under diverse forms of ownership and reduce their production and operating costs.

Poverty alleviation

China will continue to implement its rural revitalization strategy and promote steady development of agriculture and increase incomes of the rural population, Li said.

The country will consolidate and expand its achievements in poverty alleviation with efforts to promote rural revitalization. A five-year transition will also be introduced to enhance continuous monitoring and assistance mechanisms.

Innovation and technology developments

Innovation will continue to be a key priority for China, with further efforts to boost the role of enterprises through tax deductions and bringing them together with research institutes, universities and end-users, Li stressed.

China will continue to grant an extra tax deduction of 75 percent on enterprises' R&D costs "and we will raise this to 100 percent for manufacturing enterprises," the premier told the meeting.

Environment Protection

China will intensify efforts to "keep our skies blue, our waters clear and our lands pollution-free," Li said at the meeting.

He said that China will strengthen comprehensive measures and joint efforts on air pollution prevention and control, with the goal of clean heating accounting for 70 percent of all heating in northern China.

Editor: Zhang Jianfeng

https://english.cctv.com/2021/03/05/ARTIOr...
Posted By: Steve Williams
Thursday, March 11th 2021 at 2:05PM
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The last four years of China's growth happen on Trump's watch.




Thursday, March 11th 2021 at 3:07PM
Dea. Ron Gray Sr.
I can believe that Ron, China is unstoppable. With his unparalleled handling of the Wuhan virus, Xi's economy will beat the snot out of Biden's.

Thursday, March 11th 2021 at 6:16PM
Steve Williams
Not according to The Stock Market Steve. Dow rallies 460 points to close at a record as bond yields fall, House passes new stimulus https://www.cnbc.com/2021/03/09/stock-mark...

OH! before I go, this all-time high happened on Biden and Harris Watch. Stop rooting for the FALL OF AMERICA, that is not the patriotic way.

We are all ONE NATION UNDER GOD Be happy for America because better days have begun.

I how do you like that $1400 check that's coming to you, to help you start the economy?



Thursday, March 11th 2021 at 8:08PM
Dea. Ron Gray Sr.
Who says I'm getting $1400? China will beat Biden easily because Biden is a whore. He already succumbed to Xi on his very first phone call.

Thursday, March 11th 2021 at 8:43PM
Steve Williams
Then why would you tell that LIE that you were going to give your check to TRUMP? DAMN Steve, you don't have to LIE like that... WOW!!!


Thursday, March 11th 2021 at 10:41PM
Dea. Ron Gray Sr.
I'll believe I get $1400 when I see it Ron. In the meantime I've been reconsidering and thinking of how I could invest it for my grandchildren since they are the ones being robbed of their future.

Thursday, March 11th 2021 at 10:57PM
Steve Williams
Now it dawns on you.... Hallelujah!


Thursday, March 11th 2021 at 11:28PM
Dea. Ron Gray Sr.
Nobody has a plan to pay it back. Are you going to pay for it with taxes Ron, or are you going to borrow it from China? Or are you going to print paper not backed by anything and create runaway inflation?

Friday, March 12th 2021 at 9:33AM
Steve Williams

China owns $1.5 Trillion of US Future Treasury Notes and 2021 USA will sell more US Future Treasury Notes

than ever.....China knows that USA Consumers will always need to buy stuff; at a good price...

...American children/grandchildren will buy needed products; Chinese products made in Africa


Friday, March 12th 2021 at 6:23PM
robert powell
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