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China Daily Website  

Premier Li opens NPC with strong first report

Updated: 2014-03-05 13:13
( chinadaily.com.cn)

  Progress in 2013  

GDP increase 7.7%

China's economy was stable and sound in 2013. The Gross Domestic Product (GDP) hit 5.69 trillion yuan with an annual increase of 7.7%.

Inflation under 2.6%

The consumer price index (CPI) increase remained under 2.6%.

Unemployment rate at 4.1%.

The registered unemployment rate was 4.1% in 2013. 13.1 million jobs was created to reach a new historic high.

Public expenses cut by 35%

Spending by central government bodies on official overseas visits, official vehicles, and official hospitality was reduced by 35 percent in 2013, the report said. And spending by provincial-level governments on official hospitality was decreased by 26 percent.

Export-import volume at $4 trillion

The total export-import volume hit new high of 4 trillion dollars.

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