After the Chinese National Legislature opened its annual session on Saturday, March 5, 2022 in Beijing, in the presence of Chinese President Comrade “Xi Jinping” and other Chinese leaders, the opening of the (Fifth Session of the 13th National People’s Congress), which was held in the Great Hall of the People, State Council “Li Keqiang” new work report of the Chinese government for the year 2022, and the following are the most important points and observations in the new work of the Chinese government for the year 2022, as follows:
Agreeing to make efforts to craft a plan that can stand the test of practice and history, and laying strong foundations and rules for formulating a plan based on a (comprehensive study of development in the next five years and compatibility with long-term goals until 2035), setting comprehensive plans and arrangements for the next two years that will help China restore economic growth to lay a solid foundation for future development.
Determining the development goals correctly for the (next five-year plan period for China), provided that these goals are set in an encouraging and flexible manner at the same time, then (putting forward more measures to advance institutional openness), improve the environment for foreign trade and foreign investment, and enhance exchange and cooperation at the international level.
Emphasizing the most important achievements made with great efforts during the year 2021 in China, as China achieved the main goals and tasks of economic and social development, so the (new plan will try to make efforts to develop a better understanding of the problems and challenges facing the country and recognizing that the Chinese economy is facing a state of uncertainty due to global challenges and risks), therefore, a higher priority must be given to achieving growth stability and a commitment to adhere to the basic trend of seeking progress while maintaining stability.
Confirming the call for coordination between controlling the Corona pandemic and achieving social and economic development, strengthening (comprehensive structural adjustments and significantly supporting the implementation of macro policies, and applying more measures that lead to effectively driving demands, ensuring supplies and stabilizing market expectations). The Chinese officials have agreed on making a (serious work in 2022 to ensure success this year. Therefore, authorities at all levels are urged to strengthen support for companies, especially medium, small and micro enterprises and individual businesses, to provide policy support for sectors that create many jobs), for the employment who have severely affected by the pandemic, and to advance the progress of key projects.
Despite the many severe shocks such as the new Corona pandemic (Covid-19) and the global economic recession, the Chinese economy recorded growth in the year 2021. China’s GDP has exceeded 100 trillion yuan. In addition to (achieving success in stabilizing the economy, China has made historical achievements in building a moderately prosperous society in an all-round way, decisive victory in eradicating poverty, and achieving success in the 14th Five-Year Plan).
The 14th Five-Year Plan period was considered as the first five years of China embarking on a (new journey to build a fully modern socialist country). Therefore, the emphasis was placed on the importance of understanding the (new development stage and working in accordance with the new development philosophy and the consolidation of the new development model).
It was called for further progress in developing the economic structure, improving the people’s quality of life and promoting high-quality development, and making efforts to (implement the guidelines of the Fifth Plenary Session of the 19th CPC Central Committee in all fields of work, build broad consensus among all parties), and work to achieve a new victory in the whole construction of a modern socialist China.
Motivation and encouragement to make the (action plan of the new Chinese government in 2022), as an exceptional plan in the history of the People’s Republic of China. They are agreeing to confront the complex and turbulent environment at the international level, and to (accomplish all those enormous tasks to support reform, development and stability at home), especially facing the severe impact of the novel coronavirus pandemic (Covid-19), in order to achieve satisfactory progress for the Chinese people, their leaders and their state to attract global attention.
The necessity of (submitting various research reports periodically on all the various achievements and works, with attention to all comments and suggestions), which provides an important reference for the Chinese government to take scientific decisions and effective measures. The economic work carried out well in 2022, which is considered a (critical year in the modernization process in China). Advocating efforts to (promote high-quality growth and foster a new development mode, coordinate disease control with economic and social development, ensure both development and security), additionally the safeguard stable and stable economic development as well as social stability and harmony.
Study and implement the guidelines of the (Fifth Plenary Session of the 19th Central Committee of the Communist Party of China, as well as make proposals for the formulation and implementation of the 14th Five-Year Plan), especially related to the implementation of economic work in the new plan for 2022. Emphasis on (strengthening guidance and building consensus to create a sound environment to embark on a new journey to fully build a modern socialist state).
Maintaining the continuity, stability and sustainability of macro policies, providing the necessary support for economic recovery, and (ensuring the economy’s functioning in the appropriate range, promoting scientific and technological innovation, and supporting reform and openness), call for efforts to enhance corporate confidence, address public concerns, and guard against and avoid risks.
The Chinese government believes in the need to seek opinions, and acquaintance of the most prominent concerns of the Chinese people and citizens and the advancement of companies, and the government will (make its policies and procedures more realistic and specific to the goal, to better show the scientific and democratic decision-making process, and further stimulate the vitality of market entities and social creativity). So, they’very agreed to (make efforts in the new plan for 2022 in order to effectively increase demand and employment, improve market adjustments), besides ensuring the transportation of coal, electricity, oil and gas.
Facing many challenges and uncertainties, in order for the Republic of China to maintain its (overall policies and make them consistent, stable and sustainable, while intensifying the volume of reforms to achieve openness to meet the needs of market entities and the people). They’re agreed on providing suggestions on issues including (exploiting the country’s consumption potential and enhancing pollution controlled).
Here, we find that the Chinese Prime Minister “Li Keqiang’s assertion” during the discussion of the work report of the new Chinese government for the year 2022, and on the occasion of the opening of the annual meeting of the Chinese Parliament, emphasised that: “the Chinese government should provide strong support for the development of national defense and armed forces”.
– The most important points mentioned by the new report of the Chinese government during 2022:
The Leading Group of the State Council of China, which is charged with preparing the new report of the Chinese government during 2022, met shortly after the end of its preparatory meeting to (draw up a draft or general conceptualization of the form of the Chinese government’s new plan for 2022). Several decisions were mainly discussed, related to the agenda of the session of the “National People’s Congress”, and a number of other matters. The meeting day and new session of the National People’s Congress will be held from March 5 to 11, 2022. The most important points and observations raised by the 2022 report of the Chinese government, regarding the previous achievements and available alternatives and required to be implemented are, as follows:
The most prominent major achievements of the Chinese state, its ruling Communist Party and its leaders have been identified, despite the multiple risks and challenges. China has (overcome difficulties and achieved a series of major achievements, as its economic growth in 2021 ranked first among the major economies). Therefore, Chinese Premier “Li Keqiang” stressed the formulation of a five-year plan to deepen reform and opening-up.
The Chinese Premier “Li Keqiang” emphasized (adopting a pragmatic approach in formulating the 14th Five-Year Plan, from (2021-2025) for national economic and social development, taking into account the current and long-term situation, and promoting the deepening of national economic and social development. reform and openness. This was discussed by members of the (Standing Committee of the Political Bureau of the CPC Central Committee), in meetings that included members of the leading group of the State Council, on drafting the five-year plan.
- The main points addressed in the discussion of the new Chinese government work report for the year 2022 were, as follows:
Reviewing the report on the implementation of the 2021 national economic and social development plan, as well as the (draft 2022 plan for national economic and social development).
Reviewing the report on the (implementation of the central budget and local budgets in 2021 and the draft central budget and draft local budgets for 2022), as well as the draft central budget and draft local budgets for 2022 itself.
Discussing the (draft law on local people’s councils and local people’s governments).
Discussing the draft decision of the (Fifth Session of the 13th National People’s Congress on the number and election of deputies to the 14th National People’s Congress).
Discussing the (draft method for the elections of the Hong Kong Special Administrative Region) at the 14th National People’s Congress.
Discussing the (draft method for the elections of the Macao Special Administrative Region) at he 14th National People’s Congress.
Discussing the (work report of the National People’s Congress Standing Committee).
In addition to discussing the work report of the (Supreme People’s Court and the work report of the Supreme People’s Procuratorate).
Here, we will note the extent of the Chinese interest in introducing the most important previous achievements, and then adding to them in the new year, in order to determine a number of the (main expected objectives for the new year, and to conduct a comprehensive study and evaluation of what has been achieved), and what it intends to achieve to reach the desired goal.
The most prominent national economic and social achievements of China in the new Chinese government work report for the year 2022 on the previous year 2021 are, as follows:
China has achieved a large number of achievements and goals during the year 2021, despite all these global challenges, risks and uncertainties after the spread of the “Covid-19” pandemic, which was actually referred to in the new report of the Chinese State Council and its Chairman “Li Keqiang”, such as:
- China’s GDP growth rate is 8.1%.
- The average share of the Chinese citizen’s disposable income increased by 8.1%.
- Creation of about (13 million new job opportunities) in urban areas
- Achieving a large number of (new tax cuts and fee cuts) which are exceeding to one trillion yuan
- The full vaccination coverage of the “Covid-19” pandemic has increased, exceeding 85% of the total population.
As for the main objectives expected for 2022 in the new Chinese government work report, according to the following information:
- Achieving a GDP growth rate of 5.5%
- More than 11 million new jobs were created in urban areas
- Consumer price increase by about 3%.
- Maintaining grain production at a high level
The most important main works that will be achieved and planned in the Chinese government work report for the year 2022, which can be summarized in:
Finance: fixing the deficit rate for this year at about 2.8%.
Government investment: A plan has been drawn up to provide local governments with 3.65 trillion yuan of special bonds this year of 2022.
Tax cuts: The tax cuts for this year are scheduled to be about 2.5 trillion yuan, of which the tax refund amount will be about 1.5 trillion yuan.
Employment: Use of 100 billion yuan from the unemployment insurance fund to support the stability of employment and vocational training.
Consumption: Continuing to support the consumption of new energy vehicles.
Innovation: implementing a ten-year plan for basic research and implementing a three-year plan to reform the scientific and technological system.
Rural revitalization: Supporting the areas rid of poverty to develop distinctive industries and start rural construction work.
Opening up: promoting negotiation and signing of high-level free trade agreements with more countries and regions.
Environmental protection: improving energy saving, water saving, waste recycling and other policies to support the environmental protection industry.
Education: Continuing to reduce the burden of compulsory education.
Medical insurance: The criteria for financial support for medical insurance for individuals and for basic public health services will be increased.
Social Security: Improving measures supporting the three-child policy.
Housing: exploring new development models, accelerating the (development of the long-term rental market and promoting the construction of affordable housing).
Culture and Sports: Building sports facilities close to the masses.
Hong Kong, Macao and Taiwan: Support Hong Kong and Macao to (develop their economies and improve people’s livelihood), and firmly oppose the separatist act of the so-called independence of Taiwan.
From here, we can understand the nature of economic and social planning in China to (develop annual plans, five-year plans every 5 years, and also ten-year plans, ie for a period of 10 years), to reach the basic development goal of achieving a “well-being society and a prosperous life” by 2035.