NPC adopts 12th Five-Year Plan.[File photo]
The National People's Congress (NPC), China's parliament, on March 14 endorsed the country's 12th Five-Year Plan for National Economic and Social Development at the closing meeting of the Fourth Session of the 11th National People's Congress (NPC).
For China, the 12th Five-Year Plan period is crucial to building a moderately prosperous society in all respects, and critical to deepening the reform and opening up and accelerating the transformation of the economic growth pattern.
In the coming five years and ahead, the country is believed by the leadership to be still in an important period of strategic opportunities for development.
The theme of scientific development and the transformation of the economic growth pattern are evident in the freshly approved government work report and the 12th Five-Year Plan. [Full story]
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