The nation's blueprint for economic and social development over
the next five years won approval from the top legislative body
yesterday when the 11-day Fourth Session of the Ninth National
People's Congress (NPC) ended.
A resolution endorsing
the outline of the 10th Five-Year Plan (2001-05) and Premier
Zhu Rongji's report on the outline was passed at the closing
meeting of the annual NPC session.
The meeting, presided
over by the executive chairman of the session and the presidium
Li Peng, was attended by a total of 2,789 NPC deputies, including
Chinese Party and State leaders Jiang Zemin, Zhu Rongji, Li
Ruihuan, Hu Jintao, Wei Jianxing and Li Lanqing.
The five-year plan
outline sets an annual growth rate of about 7 per cent for
the country's national economy in the coming five years.
goals have been set and guiding principles and policies laid
down, the most important thing to do is to implement them,"
said Li Peng, also chairman of the Ninth NPC Standing Committee,
while addressing the closing meeting.
He called on departments
at all levels to play a bigger role in providing guidance
and solving existing problems for an all-round implementation
of the blueprint.
The meeting also
adopted resolutions on the national economic and social development
plan for this year and the report on the implementation of
the national economic and social development plan of last
year, all presented by Zeng Peiyan, minister of the State
Development Planning Commission.
It approved this
year's central and local budgets and the report on the performance
of central and local budgets from last year. These were delivered
by Finance Minister Xiang Huaicheng.
It also passed
the report on the work of the NPC Standing Committee, which
was presented by Li Peng.
The meeting also
passed a decision on the revision of the Law on Chinese-Foreign
Equity Joint Ventures.
The amendment to
the law removed provisions that require Sino-foreign joint
ventures to report their production and operation plans to
the authorities and abolished rules which oblige these firms
to give priority to Chinese-made goods and raw materials when
purchasing components for manufacturing.
It has also added
provisions concerning labor protection, insurance and the
arbitration of disputes after suggestions from NPC deputies.
Work reports from
the Supreme People's Court and the Supreme People's Procuratorate
were also approved at the meeting.
But the resolutions
on the two reports urged judicial departments to improve their
professionalism and the standard of judges and prosecutors,
stamp out judicial corruption and promote judicial reforms
so as to create a favorable legal environment for the successful
implementation of the 10th Five-Year Plan.