China has accomplished all targets set out in the Outline of the 14th Five-Year Plan (2021-2025) and is striving for opening up even more promising prospects for development, according to a government work report delivered by Chinese Premier Li Qiang at the opening meeting of the fourth session of the 14th National People's Congress (NPC) on Thursday.
China's top legislature opened its annual session on Thursday morning at the Great Hall of the People in Beijing.
Xi Jinping and other Party and state leaders attended the opening meeting.
"The year 2025 marked the conclusion of the 14th Five-Year Plan. China's economy reached new heights. China's GDP crossed successive thresholds, topping 110 trillion yuan, 120 trillion yuan, 130 trillion yuan, and 140 trillion yuan, with an average annual growth of 5.4 percent. New breakthroughs were achieved in technological and industrial innovation. Research and development spending nationwide increased by an annual average of 10 percent. New strides were made in reform and opening up. We sped up the development of a unified national market. All access restrictions on foreign investment in manufacturing were lifted," said Li.
"The people's wellbeing was elevated to a new level. Per capita disposable income increased at an average annual rate of 5.4 percent, and a total of over 60 million urban jobs were created. People's life expectancy reached 79.25 years. Fresh progress was achieved in ecological conservation. In cities at and above the prefectural level, the proportion of days with good or excellent air quality rose to 89.3 percent. We also created the world's largest and fastest-growing renewable energy system. China's ability to safeguard security improved and we ensured that no systemic risks arose," said the premier.
"Thanks to our arduous and unrelenting efforts, we have accomplished all 20 major targets, 17 major strategic tasks, and 102 major projects set out in the Outline of the 14th Five-Year Plan," Li said.
Noting that the conditions underpinning China's long-term growth and its underlying trend remain unchanged, Li said China is demonstrating the strengths of its system and the strengths it has as a big country.
"We are also clear-eyed about the difficulties and challenges we face. The evolving external environment is exerting a greater impact on China, while multilateralism and free trade are under severe threat. As long as we fully tap our strengths and respond to challenges in the right way, we will surely open up even more promising prospects for China's development," said Li.
The NPC is China's highest organ of state power. Its annual meetings, together with the annual meetings of the National Committee of the Chinese People's Political Consultative Conference, the country's top political advisory body, constitute a major event in China's political calendar known as the "two sessions".
China accomplishes all targets in 14th Five-Year Plan: report
