The full government work report, presented by Premier Li Keqiang on March 11 during the second session of the 14th National People's Congress, was adopted today, as reported by Xinhua News Agency.
The report, divided into three main sections, covers:
A review of the achievements in 2023.
The general requirements and policy directions for economic and social development in 2024.
The key tasks for 2024.
Key targets for 2024 outlined in the report include:
A GDP growth target of approximately 5%.
Creation of over 12 million new urban jobs.
An urban unemployment rate around 5.5% as per state surveys.
A consumer price index (CPI) increase of about 3%.
Personal income growth in line with economic expansion.
A basic balance in the balance of payments.
Grain production exceeding 650 million metric tons.
A reduction in energy consumption per unit of GDP by approximately 2.5%.
Continued improvements in the environmental sector.
These ambitious goals reflect China's ongoing efforts to foster sustainable growth, employment stability, and environmental conservation amidst global economic challenges.
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