GDP reached 67.7 trillion Yuan, representing an increase of 6.9% over the previous year--a growth rate faster than that of most other major economies.
The service sector as a proportion of GDP rose to 50.5%, accounting for more than half for the first time. The contribution of consumption toward economic growth reached 66.4%. High-tech industries and equipment manufacturing grew faster than other industries. Energy consumption per unit of GDP fell by 5.6%.
Every percentage point of GDP growth today is equivalent to 1.5 percentage points of growth five years ago or 2.5 percentage points of growth ten years ago.
Over 64 million urban jobs were created. Government subsidies were used to build 40.13 million housing units in urban areas, providing new homes for around 100 million people. The number of rural residents living in poverty was cut by more than 100 million, and over 300 million rural residents gained access to safe drinking water.
To finish building a moderately prosperous society in all respects and double the 2010 GDP and per capita personal income by 2020, the economy needs to grow at an average annual rate of at least 6.5%during this five-year period.
Over the next five years, we should aim to ensure that water consumption, energy consumption, and carbon dioxide emissions per unit of GDP are cut by 23%, 15%, and 18%, respectively, and that forest coverage reaches 23.04%.
A workforce of over 900 million, of whom over 100 million have received higher education or are professionally trained: this is our greatest resource and strength.
The government deficit for 2016 is projected to be 2.18 trillion Yuan, an increase of 560 billion Yuan over last year, meaning the deficit-to-GDP ratio will rise to 3%. Of the deficit, 1.4 trillion Yuan will be carried by the central government, and the remaining 780 billion Yuan will be carried by local governments.
Through the above policies, the burdens on enterprises and individuals will be cut by more than 500 billion Yuan this year.
This year, we will help more than ten million rural residents lift themselves out of poverty, including over two million poor residents who are to be relocated from inhospitable areas
The central government will allocate 16 billion Yuan to be used in both rural and urban areas for medical assistance and subsidies, an increase of 9.6% over last year.
We will merge the basic medical insurance systems for rural and non-working urban residents and raise government subsidies for the scheme from 380 to 420 Yuan per capita per annum.
According to the 2013 statistics of the International Monetary Fund (IMF), Hong Kong’s GRP and per-capita GRP, respectively, ranked the 35th and 7th in the world, as calculated by purchasing power parity.
In 2012, these four sectors employed 47.2 percent of Hong Kong’s total working population, and their added value accounted for 58 percent of Hong Kong’s total GRP.
The infant mortality rate dropped from 4 per thousand in 1997 to 1.6 per thousand in 2013, which is among the world’s lowest.
In the three years, the concessional loans China provided to other countries amounted to 49.76 billion Yuan, or 55.7 percent of its total assistance volume in the same period.