‘Progress, stability’ targeted as Parliament session starts

China’s economy grew by 9.2 percent in 2011, after an expansion of 10.4 percent in 2010.
Premier Wen Jiabao delivered a report on the work of the government at the opening meeting, which was presided over by National People’s Congress (NPC) Standing Committee Chairman Wu Bangguo.
Nearly 3 000 NPC deputies from across the country were present at the opening meeting along with top Communist Party and state leaders Hu Jintao, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang. The year 2012 is important for China amid a leadership transition at the 18th National Congress of the Communist Party of China to be convened later this year.
Reviewing 2011, Wen said, “We consolidated and built upon our achievements in responding to the global financial crisis, and got the 12th Five-Year Plan period off to a good start.” However, he said, “We are keenly aware that China still faces many difficulties and challenges in economic and social development.” Internationally, the road to global economic recovery will be tortuous, the global financial crisis is still evolving, and some countries will find it hard to ease the sovereign debt crisis any time soon, according to the report. — Xinhua.

 

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