Current location:business >>
Cabinet vows to deliver on policy pledges
business824People have gathered around
IntroductionChina will flesh out each and every measure laid out in the Government Work Report, and enhance coor ...
China will flesh out each and every measure laid out in the Government Work Report, and enhance coordination among related departments to maximize collective efforts toward meeting the same goal, the State Council, the country's Cabinet, said on Tuesday.
The Government Work Report, adopted at the recently concluded annual session of the nation's top legislature, set out the main economic and social development goals for the year, which must all be delivered on the ground, according to the State Council Executive Meeting chaired by Premier Li Qiang.
China has set a GDP growth target of around 5 percent for 2024, unchanged from the previous year, with its projected deficit-to-GDP ratio at 3 percent, according to the report.
Meanwhile, the country, as stated in the report, has targeted a whole-year inflation rate of around 3 percent, and has aimed to create more than 12 million urban jobs this year with the surveyed urban unemployment rate at around 5.5 percent.
To achieve these goals, the meeting called for efforts to motivate stakeholders across all sectors and to promote the spirit of innovation and entrepreneurship.
By specifying the steps required, key goals can be effectively translated into tangible actions. Moreover, active coordination and cooperation from departments concerned are equally important, in order to ensure that all departments are aligned in their efforts and work toward a common goal, the meeting said.
It is crucial to prioritize effective monitoring and inspection to ensure sound policy implementation. By strengthening daily oversight, improving inspection methods and enhancing efficiency, a culture of accountability can be fostered, ensuring that policies are effectively implemented at all levels, according to the meeting.
China's economy has the potential to sustain a growth rate within a range of 5 to 6 percent in the near future. This growth potential is aligned with the goal of doubling the country's total economic volume or per capita income by 2035, said Wang Qing, chief macroeconomic analyst at Golden Credit Rating International.
Moreover, sustaining a growth rate of around 5 percent provides a solid foundation for various critical aspects. It ensures people's livelihoods, job creation, financial stability, and the mitigation of local government debt risks, Wang said, adding that it also creates a favorable environment for accelerating the development of a modern industrial system and advancing high-quality growth.
Tuesday's meeting also decided on policy steps aimed at narrowing the gaps in education among regions, urban and rural areas, schools, and different groups to ensure a fair and high-quality compulsory education system.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“International Interface news portal”。http://bhutan.edtechdidi.com/html-20a599953.html
Related articles
3 dead, 4 missing in explosion at Italy power station
businessAn explosion at an Italian power station on Tuesday killed at least three people and left 4 others m ...
【business】
Read moreTop court: Resolving international disputes key
businessBy offering equal protection to domestic as well as overseas litigants, Chinese courts have given fu ...
【business】
Read moreIAEA chief meets Putin over nuclear safety
businessThe United Nations' atomic watchdog chief has met Russian President Vladimir Putin after "tense" tal ...
【business】
Read more
Popular articles
- UN Chinese Language Day celebrated in Tunisia
- Wang Yi reiterates Beijing's desire for peaceful reunification with Taiwan
- China's experience with gender equality shared at UN
- China urges S Korea to refrain from hyping up S China Sea issue
- China's NEVs powering up to lead global sustainability charge
- Chinese scholar introduces nation's human rights protection of the disabled at Human Rights Council
Latest articles
Chinese enterprises keen to expand int'l market: Trade council
SOEs crucial to China's economic growth
FM trip to aid stability in Asia
Mainland spokesperson affirms patrols from coast guard near Kinmen legitimate
Report: MLB to modify Nike uniforms after complaints from players, fans
Strides made toward more global diversity
LINKS
- Brunei's Prince Abdul Mateen
- Legendary CBS announcer Jim Nantz gets tongues wagging on social media after making an X
- Prince Andrew WON'T write tell
- Brooke Burke, 52, poses with her mini
- Netflix fans go wild over 'absolutely brilliant' new drama but are surprised by a shock cameo
- Brunei's Prince Abdul Mateen
- Government delayed vape rules to suit retailers, campaigners say
- BORIS JOHNSON: If Ukraine falls, it'll be a catastrophic turning point in history
- Congress PASSES two
- As Victoria Beckham turns 50, the money