Economy

CPC proposes basic requirements for China's next 5-yr plan

(Xinhua)
Updated: 2010-10-28 09:50
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BEIJING - The Communist Party of China (CPC) Central Committee has proposed guidelines for mapping out a blueprint for China's development over the next five years, saying the transformation of economic growth mode should be the priority.

Xinhua acquired Wednesday the full text of the Communist Party of China (CPC) Central Committee's Proposal for Formulating the 12th Five-Year Program for China's Economic and Social Development (2011-2015), nine days after the conclusion of the Fifth Plenary Session of the 17th CPC Central Committee, which examined and approved the proposal.

Acceleration of the transformation of the economic development pattern was a profound reform and should proceed throughout all sectors of economic and social development, according to the proposal.

Economic strategic restructuring should be a major task in the transformation, which requires China to expand domestic consumption effectively, strengthen agriculture, grow emerging industries of strategic importance and prudently proceed with urbanization.

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To support the transformation, China should upgrade its capabilities in indigenous research and innovation in science, technology and administration, train more innovative talents and improve education for workers, said the proposal.

The "fundamental end" of economic transformation was to improve people's lives, which could only be achieved by giving priority to job creation, providing equal public services to every citizen and stepping up reform of the income distribution system, said the proposal.

In transforming the economic development mode, the importance of building a resource-saving and environment-friendly society should be stressed to save energy, reduce greenhouse emissions and actively tackle global climate change.

The CPC Central Committee also proposed that economic, political, cultural and social reforms should be resolutely pushed forward. It stressed the implementation of mutually-beneficial and win-win opening policy and working with the international community to cope with global challenges.