Economic growth rate in China for 2002 will be set at around seven
percent, Zeng Peiyan, minister in charge of the State Development
Planning Commission, said in Beijing on Wednesday.
Other major targets for national economic and social development in
2002 are as follows:
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Increase in total fixed-asset investment around 10 percent.
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Rise in the consumer price level of one to two percent.
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Strive for an increase in total import and export volume.
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Central budget deficit under 309.8 billion yuan.
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Increase in M2, the broad money supply, and M1, the narrow money
supply, of about 13 percent with total cash put into circulation
not exceeding 150 billion yuan.
-
Registered urban unemployment rate around 4.5 percent.
-
Natural population growth rate under 0.8 percent.
Zeng revealed the targets in his Report on the Implementation of
the 2001 Plan for National Economic and Social Development and on
the Draft 2002 Plan for National Economic and Social Development,
to the second plenary meeting of the Fifth Session of the Ninth
National People's Congress (NPC).
The year 2002 is of vital significance in China's history as well
as an important year for promoting the reform, opening up and the
modernization drive, he said.
"We will boost domestic demand, deepen the reform, open wider to
the outside world, accelerate the economic restructuring, rectify
and standardize order in the market and improve the quality of
economic growth and the performance of the national economy to
promote its sustained, rapid and sound development and all-round
social progress," the top planner said.
(Xinhua News
Agency March 6, 2002)