Chinese PM Proposes Average 7.5 Per Cent Growth Over Five Years
Posted on: Sunday, 5 March 2006, 00:00 CST
Text of report in English by official Chinese news agency Xinhua (New China News Agency)
Beijing, 5 March: Premier Wen Jiabao has proposed an annual growth rate of 7.5 per cent for the national economy during the 11th Five-Year Plan period (2006-2010).
This indicates a projected target of doubling the per capita GDP of 2000 by the year 2010.
Wen made the proposal here Sunday [5 March] while delivering a report on the work of the government at the opening meeting of the fourth session of the 10th National People's Congress (NPC), China's top legislature.
Between 2001 and 2005, China's GDP grew at an average annual rate of 9.5 per cent, 0.9 percentage points higher than the annual figure in the ninth Five-Year Plan period (1996-2000).
Source: BBC Monitoring Newsfile
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