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The goals of the 2002 plan for national economic and social
development approved by the Fifth session of the 9th National
People's Congress (NPC) last year have basically attained, says a
draft report endorsed by the presidium meeting of the on-going 10th
NPC First Session in Beijing Thursday.
The report, presented by the 10th NPC Financial and Economic
Committee on its examination of the implementation of China's 2002
development plan and budgets, says the national economy in 2002
displayed a momentum of high growth and the operation of the
national economy was better than expected.
In
his report to the presidium meeting, Fu Zhihuan, chairman of the
10th NPC Financial and Economic Committee, said the macro-control
objectives and measures set by the draft plan for national economic
and social development in 2003 are "basically feasible."
Fu
said the 10th NPC Financial and Economic Committee proposed the
current NPC session to approve the draft 2003 plan for national
economic and social development submitted by the State Council, and
a relevant report made by Zeng Peiyan, minister in charge of the
State Planning Commission, at the NPC session on behalf of the
State Council.
The report also set forth proposals from eight aspects, including
keeping to expanding domestic needs, going on to implement the
pro-active fiscal policy and steady monetary policy, promoting
rural economic restructuring, creating more job opportunities,
stepping up the economic restructuring process, deepening the
reform of state-owned enterprises, pushing forward the reform of
financial sectors and regulating the order of economic market.
In
a relevant development, Fu's colleague Liu Jibin, vice chairman of
the 10th NPC Financial and Economic Committee, also reported to the
presidium meeting on the examinations of implementation of the
central and local budgets for 2002 and draft budgets for 2003,
which was made by his committee.
The report says the amount of the deficits of 2002 and the national
debt issued in 2002 was less than the amount approved by the NPC,
and "the implementation of the 2002 budgets was good."
The Financial and Economic Committee holds that the 2003 draft
budgets are "basically feasible", and it suggests the NPC session
approve the 2003 draft budgets submitted by the State Council, as
well as a relevant report by Finance Minister Xiang Huaicheng on
behalf of the State Council.
It
also proposes that the central government continue to strengthen
the administration of taxation, readjust and optimize the structure
of expenditures, and further promote the reform of budget
system.
(Xinhua News Agency March 14, 2003)
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