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.
Related articles:
Related suggestion:
Beyond Meat urges investors to look past bumpy Q1, says new US burger could reignite salesKourtney Kardashian opens up about undergoing 'terrifying' fetal surgery during 'highChina criticizes US for passing warship through Taiwan StraitScarlett Moffatt tells fans to 'embrace the boob gap' in swimsuitElection 2024: Trump's youngest son picked as Florida delegate to RNCEuropeans want governments to focus more on curbing migration than climate change, a study saysVatican and Rome enter final dash to 2025 Jubilee with papal bull and aroundPennsylvania will make the animal sedative xylazine a controlled substanceBrit tourist, 76, drowns while swimming in the sea during day trip to Greek island with his wifeKevin McCloud builds his very OWN Grand Designs: TV star, 64, transforms 400
2.8243s , 6496.0859375 kb
Copyright © 2024 Powered by China targets economic growth of around 5 pct in 2024 ,Worldly Wisdom news portal