China's national advisory body began a meeting in Beijing on
Thursday, concentrating on proposals for the country's next
Five-Year Guidelines for the National Economy and Social
Development.
The Standing Committee of the National Committee of the Chinese
People's Political Consultative Conference (CPPCC) will meet for
four days.
Chinese Premier, Wen Jiabao, gave the meeting an introduction to
the 11th Five-Year Plan which will run from 2006-2010. The Central
Committee of the Communist Party of China approved the plan at its
just-concluded session in Beijing.
The draft plan calls for China to double its per capita Gross
Domestic Product by 2010 from the level achieved in 2000 (US$848
according to an IMF estimate), improve its energy efficiency, and
reduce its consumption of energy per unit of GDP by 20 percent from
the current level. The plan calls on the country to create more
jobs in urban areas and lift more people out of poverty.
Premier Wen said the new Five-Year Plan will hold to the
principles of maintaining steady economic growth, speeding up the
economy's structural adjustment and enhancing the standard of
living for its citizens.
(CRI.com October 13, 2005)