The premier of the state council while delivering the Government’s work report at the opening of the National People’s Congress (NCP)in the Great Hall of the People of China in Beijing Capital City today 5th March 2024.
In delivering the Government’s work report at the opening of the National People’s Congress, the top legislative body of the country. Li Qiang, the premier of the state council says that over 33 million Chinese people will be lifted out of poverty in 2023.
“We made every effort to ensure public well-being and advanced development of social programs. We addressed the people’s concerns and delivered benefits to them. We adopted with a strong emphasis on keeping employment stable, policies to support enterprises in stabilizing and expanding employment, improving services to help college graduates and other groups secure employment”, he said.
He added “over 33 million people lifted out of poverty found jobs last year. we intensified efforts to show weak links in compulsory education and relieve students of excessive burdens from homework and off-campus tutoring.The cap on govt subsidized student loans was raised and their interest rates were lowered, benefiting more than 11 million college students,” He said.
He added that ” China’s gross domestic product ( GDP) surpassed 126 trillion yuan, an increase of 5.2%, ranking China among the fastest-growing major economies in the world. A total of 12.44 urban jobs were added, and the average surveyed urban Unemployment rate stood at 5.2%. The consumer price index (CPI)rose by 0.2%. A basic equilibrium was maintained in the balance of payments,” He said.
The Premier of the state council also stated that significant progress was made in building a modernized industrial system. Traditional industries saw accelerated transformation and upgrading, strategic emerging industries achieved vigorous growth, and groundwork was laid for developing industries of the future.
Advanced manufacturing was integrated with modern services and several world-class innovations were made in major industrial-bul homemade partner went into commercial operation, a dopest of sloba large ship was delivered to china accounted for over 6o%of global electric vehicle put and sales,” He said.
He further states that ” we worked to improve govt performance across the board and redoubled efforts to enhance governance. we were firm in upholding the authority of the CPC central committee with comrade Xi Jinping at its core ND at its centralized, unified leadership and took solid steps to fully implement the decisions and plans of the party central committee. We launched initiatives to gain a good understanding of Xi Jinping’s thoughts on socialism with Chinese characteristics for a New Era and acted on it with top priority given to political advancement. We enhanced the govt’s capacity to perform its duties in all areas “, He said.