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    China faces 'formidable challenges', says Li

    By Li Xiang (chinadaily.com.cn)

    Updated: 2015-03-05 10:30:30

    8.03K


    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

    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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