The first session of the 14th National People's Congress holds its opening meeting in Beijing on March 5. [Photo/Xinhua]
Premier Li Keqiang delivered the Government Work Report at the opening of the first session of the 14th National People's Congress in Beijing on Sunday.
Here are some highlights from the report.
- China sets its GDP growth target for 2023 at around 5 percent
- China to implement prudent monetary policy in a targeted way
- China targets inflation rate, or increase in consumer price index (CPI), of around 3 percent for 2023
- China aims to create around 12 million urban jobs in 2023 and targets a surveyed urban unemployment rate of around 5.5 percent
- China aims to keep its grain output over 650 million tonnes in 2023
- China to keep RMB exchange rate generally stable at adaptive, balanced level
- China's COVID-19 response will be more well-conceived, more targeted and more effective
- The energy consumption per unit of GDP and the discharge of major pollutants in China will continue declining
- China to keep personal income growth in step with economic growth