On March 5th, Premier Li Qiang delivered the government work report at the third session of the 14th National People's Congress, with the following key points:
<h2>I. Review of Work in 2024</h2>
Gross Domestic Product (GDP) growth of 5%
Grain production has reached a new level of 1.4 trillion jin for the first time
Urban employment increased by 12.56 million people
Annual production of new energy vehicles exceeded 13 million units
<h2>II. Main Expected Goals for This Year</h2>
GDP growth of around 5%
Urban employment increase of over 12 million people
Consumer price index increase of around 2%
Grain production of around 1.4 trillion jin
Energy consumption per unit of GDP reduced by around 3%
<h2>III. Some Key Work for This Year</h2>
Finance: The deficit ratio is planned to be arranged at around 4%, with a deficit scale increased by 1.6 trillion yuan compared to the previous year
Government Investment: It is planned to arrange 4.4 trillion yuan in special bonds for local governments, an increase of 500 billion yuan compared to the previous year. The total new government debt scale will be 11.86 trillion yuan, an increase of 2.9 trillion yuan compared to the previous year
Special Government Bonds: It is planned to issue 1.3 trillion yuan in ultra-long-term special government bonds, an increase of 300 billion yuan compared to the previous year. It is planned to issue 500 billion yuan in special government bonds
Consumption: Implement special actions to boost consumption. Arrange 300 billion yuan in ultra-long-term special government bonds to support the replacement of old consumer goods
New Quality Productive Forces: Promote the safe and healthy development of emerging industries such as commercial aerospace and low-altitude economy. Cultivate future industries such as biological manufacturing, quantum technology, embodied intelligence, and 6G. Accelerate the digital transformation of manufacturing. Vigorously develop new generation smart terminals such as intelligent connected new energy vehicles, artificial intelligence smartphones and computers, intelligent robots, and smart manufacturing equipment
Education: Expand the supply of high school education degrees and gradually implement free preschool education
Market Environment: Implement a long-term mechanism to solve the problem of overdue corporate payments. Carry out special actions to standardize enterprise-related law enforcement
Opening Up: Promote the orderly opening of the internet, culture, and other fields, and expand pilot projects in telecommunications, healthcare, education, and other fields
Housing: Continue to promote the stabilization of the real estate market. Strengthen the renovation of urban villages and dilapidated houses. Promote the acquisition of existing commercial housing. Continue to ensure the delivery of housing
Rural Revitalization: Deeply implement the seed industry revitalization action. Launch inter-provincial horizontal benefit compensation for grain production and sales areas under central coordination, and increase support for major grain-producing counties. Broaden channels for farmers to increase income
Urbanization: Promote the inclusion of eligible agricultural transfer populations into the housing security system. Continue to advance urban renewal and the renovation of old urban communities
Ecology: Improve the green consumption incentive mechanism and promote the formation of green and low-carbon production and lifestyle
Employment: Broaden employment and entrepreneurship channels for college graduates and other youth. Strengthen the protection of rights and interests for flexible employment and new employment forms. Improve the treatment level of skilled talents
Healthcare: Optimize the drug procurement policy, strengthen quality assessment and supervision. Increase the per capita financial subsidy standards for resident medical insurance and basic public health services by 30 yuan and 5 yuan respectively
Social Security: Increase the minimum standard for basic pensions for urban and rural residents by 20 yuan. Formulate policies to promote childbirth and provide childcare subsidies
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On March 5th, Premier Li Qiang delivered a government work report at the National People's Congress, reviewing the work for 2024, with a projected GDP growth of 5%, grain production reaching 1.4 trillion jin, and the creation of 12.56 million new jobs. The target for 2025 is a GDP growth of around 5%, the addition of 12 million new jobs, and a CPI increase of about 2%. The fiscal deficit rate is set at 4%, with an increase in government investment and special government bond scale. Key tasks include promoting the development of emerging industries, expanding education supply, improving the market environment, stabilizing the real estate market, and rural revitalization

The simplified version of the government work report is here! Only 800 words