The ultra-simplified version of the government work report is here! Under 1000 words

On March 5th, Premier Li Qiang delivered the government work report at the Fourth Session of the 14th National People's Congress, with the following key points: 1. Review of Work in 2025 GDP growth of 5% New urban employment of 12.67 million people Grain production reached 1.43 trillion jin Annual production of new energy vehicles exceeded 16 million units Past 5 Years Average annual GDP growth of 5.4% Manufacturing value-added scale maintained the world's first for 16 consecutive years Average annual growth of per capita disposable income of residents at 5.4% Cumulative new urban employment exceeded 60 million people 2. Main Goals and Major Tasks for the 14th Five-Year Plan Period GDP growth maintained within a reasonable range Annual growth of total social R&D expenditure above 7% Cumulative reduction of carbon dioxide emissions per unit of GDP by 17% Value-added of core industries in the digital economy accounted for 12.5% of GDP Average years of education for the working-age population increased to 11.7 years Life expectancy increased to 80 years Comprehensive grain production capacity reached about 1.45 trillion jin Comprehensive energy production capacity reached 5.8 billion tons of standard coal 3. Overall Requirements and Policy Orientation for Economic and Social Development in 2026 Economic growth of 4.5%—5% New urban employment of over 12 million people Consumer price increase of around 2% Grain production around 1.4 trillion jin Reduction of carbon dioxide emissions per unit of GDP by about 3.8% Deficit ratio planned to be arranged around 4%, with a deficit scale increased by 230 billion yuan compared to the previous year General public budget expenditure scale will reach 30 trillion yuan for the first time Planned issuance of ultra-long-term special government bonds of 1.3 trillion yuan Planned arrangement of local government special bonds of 4.4 trillion yuan 4. Some Work Tasks for 2026 Increase Income: Formulate and implement urban and rural residents' income increase plans, introducing a series of practical measures to promote income growth for low-income groups, increase residents' property income, and improve salary and social security systems. Consumption: Arrange 250 billion yuan of ultra-long-term special government bonds to support the replacement of old consumer goods. Investment: Plan to arrange 755 billion yuan of central budget investment and allocate 800 billion yuan of ultra-long-term special government bond funds for "two 重" construction. New Quality Productivity: Build emerging pillar industries such as integrated circuits, aerospace, biomedicine, and low-altitude economy. Cultivate and develop future industries such as future energy, quantum technology, embodied intelligence, brain-computer interfaces, and 6G. Deepen and expand "artificial intelligence +". National Unified Market: Comprehensively use capacity regulation, standard guidance, price enforcement, quality supervision, and other means to deeply rectify "involutionary" competition. Opening Up: Further expand pilot openings in areas such as value-added telecommunications, biotechnology, and wholly foreign-owned hospitals. Comprehensive Rural Revitalization: Fully carry out the second round of land contract expiration extension for another 30 years in pilot provinces. Conduct the fourth national agricultural census New Urbanization: Scientifically and orderly promote the urbanization of the agricultural transfer population, and relax the conditions for participating in the high school entrance examination registration in the inflow areas according to local conditions. Employment: Build an employment-friendly development model. Implement actions to stabilize jobs, expand capacity, and improve quality. Education: Improve the policy of free preschool education and increase the supply of ordinary high school places. Healthcare: Increase the per capita financial subsidy standard for residents' medical insurance by 24 yuan. Social Security: Raise the monthly minimum standard for basic pensions for urban and rural residents by another 20 yuan. Strengthen housing security for first-time married and childbearing families, and support multi-child families in improving housing needs. Green Development: Establish a national low-carbon transition fund to cultivate new growth points such as hydrogen energy and green fuels. Real Estate: Implement city-specific policies to control increments, reduce inventory, and optimize supply, exploring multiple channels to revitalize existing commercial housing. Risk Warning and Disclaimer The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial conditions, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investment based on this is at one's own risk