Attention To The Two Sessions: Greater Than 7%&Nbsp; China'S 12Th Five-Year Income Growth Target For The First Time Is Higher Than GDP

Zhang Ping, director of the national development and Reform Commission, said yesterday (6) that at the four session of the Eleventh National People's Congress held at the Great Hall of the people, it was being accepted by the NPC.

The draft 12th Five-Year plan pointed out that the per capita disposable income of urban residents and the per capita net income of rural residents increased by an average of more than 7% over the next five years.

This is two percentage points higher than the 11th Five-Year growth forecast set in 2006.

Wen Jiabao: in the future

Wen Jiabao, premier of the State Council, said in a 5 day report on the work of the government that the expected growth target of China's economy in the next five years will increase by 7% annually on the basis of obvious improvement in quality and efficiency.

According to the 2010 price, GDP will exceed 55 trillion yuan in 2015.

Wen Jiabao pointed out that "12th Five-Year" is the key period for building a well-off society in an all-round way, deepening reform and opening up, and speeding up the pace of reform and opening up.

Wen Jiabao said that from the domestic perspective, the favorable conditions and long-term good trend of China's development have not changed. Industrialization, information technology, urbanization, marketization and internationalization are developing in depth. There is great potential for market demand, ample supply of funds, overall improvement in science and technology and education level, improvement of labor quality, and increasingly perfect infrastructure. The government's ability to macro control and respond to major challenges has been markedly enhanced, and the overall social situation has remained stable.

Comprehensively judging the international and domestic situation, China's development is still in an important period of strategic opportunities that can make great achievements.

Wen Jiabao said that we should hold high the great banner of socialism with Chinese characteristics, guided by the important thought of Deng Xiaoping theory and the "Three Represents", thoroughly implement the Scientific Outlook on Development, adapt to the new changes in the situation at home and abroad, comply with the new expectations of people of all nationalities for a better life, take the theme of scientific development as the main theme, accelerate the pformation of the mode of economic development as the main line, deepen reform and opening up, guarantee and improve people's livelihood, consolidate and expand the results of the international financial crisis, promote long-term stable and rapid economic development and social harmony and stability, and lay a decisive foundation for the building of a well-off society in an all-round way.

Wen Jiabao said, we must push the economic development to a new level.

In the next five years, China's economic growth target is expected to increase by 7% annually on the basis of obvious improvement in quality and efficiency.

According to the 2010 price, GDP will exceed 55 trillion yuan in 2015.