The Government Work Report presented by Premier Li Keq

iang contains a comprehensive review of the progress made in 2018 and the targets achieved. It al

so mentions the challenges and impediments faced in the process. It is significant that despite h

eadwinds in global economy, Chinese economy registered a growth rate of 6.6 percent. More than 13.6 million new urba

n jobs were generated. Unemployment was around 5%. China contin

ued to make strides in the fields of innovation and high-tech. Concerted eff

orts were also made to deal with the problem of environment pollution while infrastructure development was also on course.

For me the most impressive part is the government’s resolve to tac

kle the issue of poverty and create a knowledge-based economy. Projections for 2019 of 6-6.5% GDP g

rowth, creation of 11 million new jobs, an employment-first policy, supply-side structural reform and three critical batt

les against potential risks, poverty and pollution are reflective of key priority areas. Budgetary spending on educ

ation above 4% of GDP and over 2% on R&D shows that China is moving forward to establish a society which me

ets the needs of the people through scientific applications and modern technologies.

Recent Posts




GiottoPress by Enrique Chavez