China’s Major Achievements 2005

– China’s GDP reached 1823 trillion yuan in 2005, an increase of 99 percent over the previous year; Fiscal revenue exceeded 3 trillion yuan, 5232 billion yuan more than the previous year; Consumer price index rose 18 percent; Import and export volume totaled 142 trillion US dollars, an increase of 232 percent; Actually-used direct foreign investment reached 603 billion US dollars; Foreign exchange reserves totaled 8189 billion US dollars at the end of 2005; A total of 97 million urban residents entered the workforce for the first time

– Urban per capita disposable income rose to 10,493 yuan, an increase of 96 percent after adjusting for inflation Rural per capita net income grew to 3,255 yuan, an increase of 62 percent after adjusting for inflation

– Agricultural tax was rescinded in 28 provinces, autonomous regions and municipalities directly under the central government, and the livestock tax was rescinded nationwide; Last year, 2975 billion yuan from the central government budget was spent on agriculture, rural areas and farmers, an increase of 349 billion yuan over 2004; With considerable increase in 2004, grain output rose by 14 55 billion kg to reach 484 billion kg A total of 219 billion yuan was allocated by the central government to subsidize the policy-based closure and bankruptcy of 116 state-owned enterprises

– The central government spent 1168 billion yuan in 2005 on science and technology, education, health and culture, an increase of 183 percent over the previous year In addition, 954 billion yuan from the sale of treasury bonds was spent on these items Over 7 billion yuan was allocated by the central and local governments to pay tuition and miscellaneous fees, provide free textbooks, and subsidize room and board for 17 million students from poor families in 592 designated poverty-stricken counties Free textbooks were also provided to more than 17 million students from poor families in the central and western regions

– Over the past three years, the central and local governments spent 105 billion yuan to basically complete the establishment of a disease prevention and control system that operates at the provincial, city and county levels A total of 164 billion yuan was spent on setting up a medical treatment system for public health emergencies, and work is proceeding smoothly Total expenditures from the central government budget for fighting natural disasters and providing disaster relief came to 8 9 billion yuan last year, and more than 90 million people were helped

– The central and local governments allocated 162 billion yuan for poverty alleviation, and the number of rural residents living in poverty decreased by 245 million Elections for village committees were held in 21 provinces, autonomous regions and municipalities

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