Full Text: Report on the Work of the Government(10)

II. Major Steps to Be Taken in Government Work in 2012

This year is an important year of the Twelfth Five-Year Plan period, and the last year of the term of my government. We must dedicate ourselves to our duties, forge ahead with determination, tackle difficult problems directly, and work diligently to achieve results that satisfy the people.

We are still in an important period of strategic opportunities for China's development, and there are a number of favorable conditions for us to maintain steady and robust economic development for a long time. Industrialization, urbanization and agricultural modernization are proceeding rapidly, and improvements in the consumption pattern and the industrial structure will create huge potential demand. In the course of over 30 years of reform and opening up, we have built a solid material foundation and institutional conditions for development and gained rich experience in macro-control. Our enterprises have become significantly more competitive and resilient. The eastern region has greater capacity for innovation and development, and the development potential of the central and western regions and the old industrial bases in northeast China is being constantly unleashed. We still have our traditional strengths in economic development, as well as rich human resources and a more skilled workforce. We have a good balance between government revenue and expenditures and a sound financial system, and there is ample nongovernmental capital. The global economic and political patterns are undergoing profound changes; peace, development, and cooperation remain the underlying trends of the times, and overall the situation is favorable for China's peaceful development. We need to have firm confidence, capitalize on favorable conditions and factors, and continue to grasp and make the most of this important period of strategic opportunities to promote steady and robust economic development, and continue to enhance China's overall strength and its international influence.

We must hold high the great banner of socialism with Chinese characteristics, take Deng Xiaoping Theory and the important thought of Three Represents as our guide, thoroughly apply the Scientific Outlook on Development, make progress while maintaining stability, and strengthen and improve macro-control. We will continue to balance maintaining steady and robust economic development, adjusting the economic structure, and managing inflation expectations; accelerate the transformation of the pattern of economic development and adjustment of the economic structure; vigorously expand domestic demand, particularly consumer demand; make every effort to strengthen innovation, energy conservation, and emissions reduction; and strive to deepen reform and opening up and ensure and improve the people's wellbeing. We will comprehensively advance socialist economic development, political, cultural and social progress, and ecological awareness. We will strive to achieve steady and robust economic development and overall price stability, maintain social harmony and stability, and greet the coming Eighteenth National Congress of the CPC with outstanding achievements in economic and social development.