Chinese Premier Wen Jiabao has just reported on the work of the Chinese government and outlined the country’s 12th 5-year plan (2011-2015). For China watchers, it would be a shame to not be familiar with at least some of these specifics. CCTV has all the materials in English, Russian, Spanish, French, and Arabic. For convenience, I have quoted below “Key targets of China’s 12th five-year plan.” It may sound superficial, but one of the things I like the most is the numbers in the targets.
BEIJING, March 5 (Xinhua) — The draft of China’s 12th Five-Year Plan (2011-2015) was submitted Saturday to the National People’s Congress (NPC), the top legislature for reviewing.
Following are key targets of the draft:
— GDP to grow by 7 percent annually on average;
— More than 45 million jobs to be created in urban areas;
— Urban registered unemployment to be kept no higher than 5 percent;
— Prices to be kept generally stable.
— Rise in domestic consumption;
— Breakthrough in emerging strategic industries;
— Service sector value-added output to account for 47 percent of GDP, up 4 percentage points;
— Urbanization rate to reach 51.5 percent, up 4 percentage points.
— Expenditure on research and development to account for 2.2 percent GDP;
— Every 10,000 people to have 3.3 patents.
Environment & clean energy
— Non-fossil fuel to account for 11.4 percent of primary energy consumption;
— Water consumption per unit of value-added industrial output to be cut by 30 percent;
— Energy consumption per unit of GDP to be cut by 16 percent;
— Carbon dioxide emission per unit of GDP to be cut by 17 percent;
— Forest coverage rate to rise to 21.66 percent and forest stock to increase by 600 million cubic meters;
— Annual grain production capacity to be no less than 540 million tones;
— Farmland reserves to be no less than 1.818 billion mu.
— Population to be no larger than 1.39 billion;
— Life span per person to increase by one year;
— Pension schemes to cover all rural residents and 357 million urban residents;
— Construction and Renovation of 36 million apartments for low-income families;
— Minimum wage standard to increase by no less than 13 percent on average each year;
— Improved public service for both urban and rural residents;
— Improved democracy and legal system;
— Better social management system for greater social harmony;
— More than 10 percent of all residents will be registered as community volunteers.
— Encourage qualified enterprises to get listed in stock markets;
— In-depth reform in monopoly industries for easier market entry and more competition;
— Improved government efficiency and credibility