six categories were declared and
distributed to corresponding departments at
an executive cabinet meeting chaired
by Li.
All departments should
closely follow and analyze economic
situations at home and abroad in
a bid to stabilize growth, fight
inflation, guard against risks and
boost China's economic transition,
according to the meeting.
More
efforts should be made to facilitate
rural growth and ensure plentiful
harvests, while long-term urbanization
layouts should be mapped out with
better accessory policies, according to
the meeting. Industrial restructuring should
also pick up speed and different
sectors should propose concrete methods
to tackle production
overcapacity.
Fiscal and taxation
reforms should follow programs in a
gradual way. Financial reforms will
demand new measures to boost the
marketization of interest rates and
foreign exchange rates, as well as
to develop multi-layer capital markets,
according to the meeting.
The
key for price reforms will be
to upgrade the pricing mechanism for
resource products. And ensuring and
improving people's livelihoods is the
initiative and goal of the
government.
New jobs must be
added by stabilizing economic growth
and adjusting economic structures, while
the key to improving social security
will be to tackle problems faced
by disadvantaged groups, according to
the meeting.
Market controls
for the property sector should be
maintained and improved, while a
long-term mechanism should be built to
ensure the sector's stable and
healthy growth.
Oversight systems
must be upgraded for better food,
drug and production safety, while
special measures should be taken in
key regions to fight pollution of
the air, water and
soil.
Fairness is a source
of social creativity and more efforts
should accordingly be made to achieve
equality in education and job markets
in order to ensure vertical mobility,
according to the
meeting.
Education departments should
make good use of the country's
2 trillion yuan (318.98 billion U.S.
dollars) education budget this
year.
In addition, the
admission threshold for the non-governmental
investment market should be lowered,
according to the meeting.