The expected GDP growth target for 2024 is around 5

Mondo Finance Updated on 2024-03-05

According to CCTV news, at 9 a.m. on March 5, the second session of the 14th National People's Congress opened in the Great Hall of the People.

Premier Li Qiang made a work report to the Second Session of the 14th National People's Congress.

The overall economic rebound is improving

The GDP in 2023 will exceed 126 trillion yuan.

*Work report: The overall economic recovery is improving. GDP exceeded 126 trillion yuan, an increase of 52%, the growth rate ranks among the top of the world's major economies. 12.44 million new jobs were created in urban areas, and the surveyed urban unemployment rate averaged 52%。Residents' consumption is ***02%。The balance of payments is basically balanced.

The main goals and tasks of China's economic and social development in 2023.

Successfully completed. **Work report: The past year is the first year of the full implementation of the spirit of the 20th National Congress of the Communist Party of China, and the first year of the current ** performance of duties in accordance with the law. In the face of the extremely complex international environment and the arduous and arduous tasks of reform, development and stability, the people of all ethnic groups across the country with comrades as the core have been united and led to withstand external pressure, overcome internal difficulties, and make arduous efforts to achieve a smooth transition in the prevention and control of the new crown epidemic, successfully complete the main goals and tasks of economic and social development throughout the year, make solid progress in high-quality development, maintain stability in the overall social situation, and take solid steps in building a modern socialist country in an all-round way.

GDP growth is expected to be around 5% in 2024.

*Work report: The main expected goal of this year's development is to increase GDP by about 5%; More than 12 million new jobs were created in urban areas, and the surveyed urban unemployment rate was 5about 5%; Household consumption** increased by about 3%; Household income growth and economic growth are synchronized; The balance of payments remained basically balanced; Grain production 1more than 3 trillion catties; Energy consumption per unit of GDP is reduced by 2About 5%, the quality of the ecological environment continues to improve.

Photo: Xinhua News Agency.

The deficit ratio for 2024 is proposed to be 3%.

According to @Xinhua News Agency Weibo news, the ** work report said that the deficit rate is planned to be arranged at 3%, and the deficit scale is 406 trillion yuan, an increase of 180 billion yuan over the budget at the beginning of the previous year. It is expected that fiscal revenue will continue to resume growth this year, and with the transfer of funds, the scale of general public budget expenditure will be 285 trillion yuan, an increase of 1 over the previous year1 trillion yuan. It is proposed to arrange local ** special bonds 39 trillion yuan, an increase of 100 billion yuan over the previous year.

Editor: Li Yilinzi, Mao Tianyu **Xinhua News Agency, Weibo, CCTV News.

Duty Editor Gu Li.

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