China faces 'formidable challenges', says Li

Updated: 2015-03-05 10:30

By Li Xiang(chinadaily.com.cn)

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Key figures for China's economy in 2015

7%
Increase GDP by approximately 7 percent

3%
Keep increase in CPI at around 3 percent

10 million
Create over 10 million jobs in urban areas

4.5%
Ensure registered urban unemployment rate not to exceed 4.5 percent

6%
Increase imports and exports by around 6 percent

3.1%
Cut energy intensity by 3.1 percent

1.62 trillion yuan
Annual government budget deficit is projected to be 1.62 trillion yuan

2.3%
Deficit to GDP ratio will rise from last year's 2.1 percent to 2.3 percent

12%
M2 money supply is forecasted to grow by around 12 percent, but actual supply may be slightly higher

477.6 billion yuan
The central government will increase its budgetary investment to 477.6 billion yuan

800 billion yuan
Over 800 billion yuan will be invested in railway construction and open over 8,000 km of railways to traffic

800 billion yuan
Over 800 billion yuan will be invested in the major water conservancy projects

7.4 million
Build an additional 7.4 million units of government-subsidized housing

10 million
Reduce the poor rural population by more than 10 million

550 million metric tons
Keep grain output above 550 million metric tons

3.1%
Cut the intensity of carbon dioxide by at least 3.1 percent

3.66 million
Renovate 3.66 million dilapidated rural houses, an increase of 1 million over the renovated last year

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