Govt's focus and achievements in 2016

1 We continued to develop new and more effective ways of carrying out regulation at the macro level, thus keeping the economy performing within an appropriate range.

2 We focused on five priority tasks-cutting overcapacity, reducing excess inventory, deleveraging, lowering costs, and strengthening areas of weakness-thereby improving the composition of supply.

3 We worked hard to deepen reform and opening up, further strengthening the vitality of development.

4 We strengthened innovation's leading role, spurring the rapid development of new growth drivers.

5 We promoted more balanced development between regions and between rural and urban areas, and saw faster emergence of new growth poles and growth belts.

6 We strengthened ecological conservation and made fresh progress in pursuing green development.

7 We gave particular attention to ensuring and improving living standards, helping Chinese people gain a stronger sense of benefit.

8 We continued to enhance government performance and improve governance, thus ensuring social harmony and stability.