The Largest Security-Cleared Career Network for Defense and Intelligence Jobs - JOIN NOW

Weapons of Mass Destruction (WMD)

People's Daily Online

China unveils proposals for formulating nation's five-year plan

People's Daily Online

(Xinhua) 18:55, November 03, 2015

China unveils proposals for formulating nation's five-year plan

Chinese President Xi Jinping said Tuesday that the country's annual growth rate should be no less than 6.5 percent in the next five years to realize the goal to double 2010 GDP and per capita income by 2020.

Xi was explaining a proposal for formulating the country's 13th Five-Year Plan at the Fifth Session of the 18th Communist Party of China (CPC) Central Committee.

To realize the goal of doubling the 2010 GDP and per capita income of both rural and urban residents, China must maintain medium-high growth for the next five years.

'Maintaining a medium-high level of growth is conducive to improving people's livelihoods so that they can truly benefit from the success of the country in comprehensively building a moderately prosperous society,' Xi said.

'In the next five years, China's development should not just be focused on growth pace, but also growth volume, and, more importantly, growth quality,' Xi said.

The CPC on Tuesday issued the full text of proposals for mapping out a blueprint for China's development over the next five years starting 2016.

The document, the CPC Central Committee's Proposal on Formulating the Thirteenth Five-year Plan (2016-2020) on National Economic and Social Development, was adopted at the Fifth Session of the 18th CPC Central Committee which ended Oct. 29.

Anti-corruption

The principle of comprehensively strictly governing the Party should be upheld and the rules as well as discipline of the Party must be observed, according to the full text of the proposal.

The document pledged efforts to cement the achievements made in the anti-corruption campaign and tightened supervision and checks over power, in addition to working out an effective mechanism that would stem corruption.

Poverty relief

Chinese President Xi Jinping said the country is able to deliver its poverty alleviation target set for 2020, according to a statement issued Tuesday by the Communist Party of China.

The CPC on Tuesday reiterated its determination to fight against poverty, pledging to step up financial support to impoverished areas in the next five years. The document said ridding the rural population of poverty is the most arduous task for China's ambition to build a moderately prosperous society.

China had 70.17 million impoverished people in rural areas as of the end of 2014, and the government plans to lift all of them out of poverty by 2020.

Income gap

China also aims to narrow the income gap and raise the proportion of middle-income population in the next five years.

Financial reform

China will continue to support RMB's bid for inclusion in the IMF Special Drawing Right(SDR) basket and push ahead with capital account liberalization and the internationalization of RMB, according to the document.

China will accelerate reforms in its financial system to establish a transparent and healthy capital market.

Investment

China will continue to open up its economy to attract foreign investment and encourage Chinese firms to make overseas investment.

China will further open up sectors with natural monopoly features for investment over the next five years. Efforts will be accelerated to open up competitive businesses of sectors such as oil, natural gas, electricity, telecommunications, transportation and utilities.

Coastal areas will be given support to participate in global economic cooperation, advanced manufacturing bases and economic zones will be established, and border and cross-border economic cooperation zones will continue to be improved.

In the next five years, China will optimize foreign trade and open wider to the global economy. More will be done to explore innovative models of foreign trade, equipment manufacturing and services.

Military reform

China will speed up reform of the military, aiming to reach its reform target by 2020.

Health system reform

The Party proposed advancing the comprehensive reform of public-owned hospitals, breaking their mechanisms for seeking profits and building a personnel and remuneration system appropriate for the health industry.

It called for optimizing distribution of health resources, improving basic health service, promoting health resources to rural and grassroots level, and developing telemedicine. General practitioners, family doctors and electronic health records should be promoted.

The proposal encouraged private sectors to run health services and vowed to give them the same status as public-owned institutions.

In addition, it vowed to strengthen monitoring of health care quality, improving mechanisms to mediate medical disputes in a bid to build a harmonious doctor-patient relations.

Development fund

China will establish the Green Development Fund to promote clean production mode and sustainable growth.

'Green' development

China will embrace a 'green' development model in the next five years, implementing a more exacting environmental protection system to reduce carbon emissions.

The country will continue to develop wind, solar, biomass, water, geothermal and nuclear energy, as well as explore deposits natural, shale and coal bed gases.

Energy-intensive industries, such as power, steel, chemical and architectural material will be subject to carbon emission control regulations.

Cycling and new energy vehicles will also be promoted to encourage a 'green' and sustainable lifestyle.



NEWSLETTER
Join the GlobalSecurity.org mailing list