The presidium of the ongoing Fourth Session of the 11th National People's Congress (NPC), China's top legislature, held its second meeting Thursday.

The meeting, presided over by Wu Bangguo, executive chairman of the presidium, endorsed to submit the draft resolutions concerning the government work report to delegations of the Fourth Session of the 11th NPC for deliberation.

The State Council, China's cabinet, made nine revisions on the government work report based on the proposals and suggestions of the deputies, of which five were "comparatively significant", according to a statement issued after the meeting.

The presidium meeting also decided to submit the draft resolutions on the 12th Five-year Plan (2011-2015), this year's plan for economic and social development and budget plan, to the delegations for examination and deliberation.

The draft of the new five-year plan has mapped out China's economic and social development for the coming five years, and "the overall arrangements are possible and feasible," Shi Xiushi, chairman of the NPC's Financial and Economic Committee, said in his report to the presidium meeting.

The draft plan has targeted an annual economic growth of 7 percent for the five years by 2015 and pledged to improve people's livelihood and tackle issues such as inflation and income disparities.

The meeting adopted the decisions through voting.