(Authorized by the two sessions) Li Keqiang outlined the key points of this year’s work in the government work report.

  Xinhua News Agency, Beijing, March 5-Li Keqiang, Premier of the State Council of the People’s Republic of China said in his government work report on the 5th that this year is the year of government transition, and the economic and social development reported earlier in many fields and in all aspects needs unremitting efforts in the future. Here are some key points.

  (1) Focus on expanding domestic demand. Give priority to restoring and expanding consumption. Increase the income of urban and rural residents through multiple channels. Stabilize bulk consumption and promote the recovery of life service consumption. Government investment and policy incentives should effectively promote the investment of the whole society. This year, it is planned to arrange 3.8 trillion yuan of special bonds for local governments, accelerate the implementation of major projects in the 14 th Five-Year Plan, implement urban renewal actions, promote regional advantages to complement each other and develop their strengths, encourage and attract more private capital to participate in the construction of major national projects and short-board projects, and stimulate the vitality of private investment.

  (2) Accelerate the construction of a modern industrial system. Focusing on the key industrial chain of manufacturing industry, we will concentrate high-quality resources to jointly promote key core technology research. Strengthen domestic exploration and development of important energy and mineral resources and increase storage and production. Accelerate the digital transformation of traditional industries and small and medium-sized enterprises, and strive to improve the level of high-end, intelligent and green. Accelerate the research and development and application promotion of cutting-edge technologies. Improve the modern logistics system. Vigorously develop the digital economy, improve the level of normalization supervision, and support the development of platform economy.

  (3) earnestly implement the "two unwavering". Deepen the reform of state-owned enterprises and improve the core competitiveness of state-owned enterprises. Adhere to the direction of classification reform, handle the relationship between economic responsibility and social responsibility of state-owned enterprises, and improve the modern corporate governance of state-owned enterprises with China characteristics. Protect the property rights of private enterprises and the rights and interests of entrepreneurs according to law, encourage and support the development of private economy and private enterprises, support the development of small and medium-sized enterprises and individual industrial and commercial households, and build pro-Qing political and business relations.

  (4) make greater efforts to attract and utilize foreign capital. Expand market access and increase the opening up of modern service industry. Implement the national treatment of foreign-funded enterprises. Actively promote the accession to high-standard economic and trade agreements such as the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CPTPP), and take the initiative to expand institutional opening in comparison with relevant rules, regulations, management and standards. Continue to play the supporting role of import and export in the economy. Do a good job in the service of foreign-funded enterprises and promote the construction of foreign-funded landmark projects.

  (5) Effectively prevent and resolve major economic and financial risks. Deepen the reform of the financial system, improve financial supervision, compact the responsibilities of all parties, and prevent the formation of regional and systemic financial risks. Effectively prevent and resolve the risks of high-quality head housing enterprises, improve the balance sheet, prevent disorderly expansion, and promote the steady development of the real estate industry. Prevent and resolve local government debt risks, optimize the debt maturity structure, reduce the interest burden, curb the increase and resolve the stock.

  (6) Stabilizing grain production and promoting rural revitalization. Stabilize the sown area of grain, do a good job in oil production, and implement a new round of 100 billion Jin of grain production capacity improvement action. Improve the coping mechanism of ensuring supply and stabilizing prices of agricultural materials. Strengthen the construction of infrastructure such as farmland water conservancy and high-standard farmland. In-depth implementation of seed industry revitalization action. Strengthen agricultural science and technology and equipment support. Develop rural characteristic industries and broaden the channels for farmers to increase their income and become rich. Consolidate and expand the achievements of poverty alleviation and resolutely prevent large-scale return to poverty.

  (7) Promote the green transformation of development mode. Further promote the prevention and control of environmental pollution. We will strengthen the construction of urban and rural environmental infrastructure and continue to implement major projects for the protection and restoration of important ecosystems. Promote clean and efficient utilization of coal and technology research and development, and accelerate the construction of a new energy system. We will improve policies to support green development, develop circular economy, promote resource conservation and intensive utilization, promote energy conservation and carbon reduction in key areas, and continue to fight the battle for blue sky, clear water and pure land.

  (eight) to protect the basic livelihood and develop social undertakings. Strengthen the construction of housing security system, support the rigid and improved housing demand, and solve the housing problems of new citizens and young people. Promote the balanced development of compulsory education and the integration of urban and rural areas, vigorously develop vocational education, and promote the innovation of higher education. Promote the expansion and sinking of high-quality medical resources and the balanced regional layout. Strengthen the security of old-age care services and improve the policy system of birth support. Safeguard the legitimate rights and interests of women, children, the elderly and the disabled. Do a good job in preferential treatment and pension for military families, retired soldiers and other entitled groups. Prosperity and development of cultural undertakings and industries. Improve the efficiency of social governance. Strengthen production safety supervision and disaster prevention and mitigation. Comprehensively implement the overall national security concept and build a higher level of peaceful China.