Friday, December 14, 2007

Chinese Online Class - China's main targets for 2006-2010

BIZCHINA / Facts & Figures

China's main targets for 2006-2010
(Xinhua)
Updated: 2006-04-14 10:07

The following are the main targets China sets for the 2006-2010 period,
listed in the draft guidelines of the five-year development blueprint
being deliberated by Chinese lawmakers at their ongoing annual session:

Economic growth:

-- GDP up 7.5 percent annually from 18.2 trillion yuan in 2005 to 26.1
trillion yuan in 2010;

-- Per capita GDP up 6.6 percent annually from 13,985 yuan in 2005 to
19,270 yuan in 2010.

Economic structure:

-- Share of service industry's value added to GDP up from 40.3 percent in
2005 to 43.3 percent in 2010;

-- Share of employment in service industry up from 31.3 percent to 35.3
percent in 2010;

-- Share of R&D spending out of total GDP up from 1.3 percent in 2005 to
2 percent in 2010;

-- Urbanization rate up from 43 percent in 2005 to 47 percent in 2010.

Population, resources, environment:

-- Population up from 1.30756 billion in 2005 to 1.36000 billion in 2010;

-- Energy consumption per unit of GDP down 20 percent in five years;

-- Water consumption per unit of industrial added value down 30 percent
in five years;

-- Coefficient of effective use of water for irrigation up from 0.45
percent in 2005 to 0.5 percent in 2010;

-- Rate of comprehensive use of solid industrial waste up from 55.8
percent in 2005 to 60 percent in 2010;

-- Total acreage of cultivated land down from 122 million hectares in
2005 to 120 million in 2010;

-- Total discharge of major pollutants down 10 percent in five years;

-- Forest coverage up from 18.2 percent in 2005 to 20 percent in 2010.

Public service, people's life:

-- Term of education per capita up from 8.5 years in 2005 to nine years
in 2010;

-- Coverage of urban basic old-age pension up from 174 million people in
2005 to 223 million people in 2010;

-- Coverage of the new rural cooperative medical care system up from 23.5
percent in 2005 to over 80 percent in 2010;

-- New jobs created for urban residents reaching 45 million in five years;

-- Number of rural laborers transferred to non-agriculture sectors
reaching 45 million in five years;

-- Urban registered unemployment rate up from 4.2 percent in 2005 to 5
percent in 2010;

-- Per capita disposable income of urban residents up 5 percent annually
in five years, from 10,493 yuan in 2005 to 13,390 yuan in2010;

-- Per capita net income of rural residents up 5 percent annually in five
years, from 3,255 yuan in 2005 to 4,150 yuan in 2010.

(For more biz stories, please visit Industry Updates)

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