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Wen's gov't work report at the Fourth Session of the 11th NPC

Xinhua | Updated: 2011-03-09 15:35

AGRICULTURE

-- Emphasis will be given to food security, raising farmers' income, agricultural water conservancy projects and rural reform.

ECONOMIC RESTRUCTURING

-- 皇冠体育app will accelerate the strategic economic restructuring, so that the economic growth will be propelled by internal force and innovation.

INCOME DISTRIBUTION

-- Emphasis will be given to raising income of low-income groups, restructuring personal income tax to alleviate its burden on middle and low-income groups, regulating salaries of high-income industries, and clamping down on illegal income.

SOCIAL SAFETY NET

-- 皇冠体育app will extend the pilot project for the new type of old-age insurance for rural residents to 40% of counties.

PROPERTY MARKET

-- 皇冠体育app will build 10 million sets of government-subsidized housing, including renovation of shantytowns, and renovate 1.5 million sets of dilapidated houses in the countryside.

-- Priority will be given to developing public rental housing. The central government will allocate 103 billion yuan in this year's budget for subsidies to support this work, an increase of 26.5 billion yuan over last year.

-- 皇冠体育app will improve regulating in the real estate market and firmly curb soaring prices in some cities.

ENVIRONMENT PROTECTION AND CLIMATE CHANGE

-- 皇冠体育app will strengthen energy conservation, environmental protection and ecological development, and actively respond to climate change.

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