Major Objectives for Next Five Years

The 15th Central Committee of the Communist Party of China announced its major objectives for the country's economic and social development during the 10th Five-Year Plan period (2001-05) at its annual session which ended on Oct.11 in Beijing.

To maintain a relatively rapid speed for economic development, further economic restructuring and improve economic growth, quality and efficiency. All these will lay a solid foundation for doubling the GDP in 2010 compared with that of 2000.

To build up a modern corporate system in State-owned enterprises and establish a sound social security system.

To increase employment opportunities and improve the living standard of residents in urban and rural areas, while continuing to strengthen protection of the environment;

To speed up the development of science, technology and education in an effort to further improve the quality of people's lives.

(China Daily 10/12/2000)

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