China targets economic growth of around 5 pct in 2024
Time:2024-05-09 06:57:06 Source:sportViews(143)
BEIJING, March 5 (Xinhua) -- China targets economic growth of around 5 percent in 2024, according to a government work report submitted Tuesday to the national legislature for deliberation.
The country expects to create over 12 million jobs in urban areas and keep the surveyed urban unemployment rate at around 5.5 percent this year, according to the report.
A proactive fiscal policy and a prudent monetary policy will be continued, with the ratio of deficit to gross domestic product (GDP) set at 3 percent and the government deficit to rise by 180 billion yuan from the 2023 budget figure.
The country will see 3.9 trillion yuan of special-purpose bonds for local governments to be issued this year, up by 100 billion yuan from last year.
It will also issue ultra-long special treasury bonds over each of the next several years for the purpose of implementing major national strategies and building up security capacity in key areas, starting with 1 trillion yuan of such bonds this year, the report said.
The consistency of the macro policy orientation should be enchanced, it said.
Previous:High school students, frustrated by lack of climate education, press for change
Next:Pennsylvania sees fewer mail ballots rejected for technicalities, a priority for election officials
You may also like
- Sports host Katie Nolan questions if Ben Affleck 'was on drugs' during Tom Brady roast
- Poland detains and questions Russian man who illegally crossed from Belarus
- UK weather: Last month was the hottest April on record worldwide since 1940
- New Jersey deadbeat dad's final sickening act as strangers fought to save his six
- Stock market today: Asian shares mixed after calm day on Wall St
- Republicans renew push to exclude noncitizens from the census that helps determine political power
- Travis Kelce cast in FX's 'American Horror Story: Grotesquerie'
- Trial begins for ex
- House Republicans will turn to K