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China Sets GDP Growth in 2022 at 5.5%
5th March 2022 | Hong Kong
China has set GDP growth in 2022 at 5.5%, announced by Premier Li Keqiang at the opening meeting of the 5th session of the 13th National People’s Congress in Beijing on 5th March 2022 (Saturday). Other key targets for China in 2022 include creating 11 million new urban jobs, keeping urban unemployment rate at below 5.5%, inflation rate at 3%, and improvements in environment to reduce discharge of major pollutants. In 2022, the key tasks for the Chinese government will be to achieve stable macroeconomic performance, keep major economic indicators within range, maintain stability market entities operations, and maintain job security through strengthening of macro-policies.
“ China Sets GDP Growth in 2022 at 5.5% “
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Agenda of 5th session of 13th National People’s Congress
The preparatory meeting of the fifth session of the 13th National People’s Congress (NPC) on March 4 adopted the following agenda of the session:
- Deliberate the report on the work of the government;
- Review the report on the implementation of the 2021 plan and on the 2022 draft plan for national economic and social development, and the draft plan for national economic and social development in 2022;
- Review the report on the execution of the central and local budgets for 2021 and on the draft central and local budgets for 2022, and the draft central and local budgets for 2022;
- Deliberate the draft amendment to the Organic Law of the Local People’s Congresses and Local People’s Governments;
- Deliberate the draft decision of the fifth session of the 13th NPC on the number of deputies to the 14th NPC and their election;
- Deliberate the draft method for the Hong Kong Special Administrative Region (SAR) to elect deputies to the 14th NPC;
- Deliberate the draft method for the Macao SAR to elect deputies to the 14th NPC;
- Deliberate the work report of the NPC Standing Committee;
- Deliberate the work report of the Supreme People’s Court;
- Deliberate the work report of the Supreme People’s Procuratorate.
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