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News News

Key Figures in the Government Work Report 2021

Date: 2021-03-11
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The fourth session of the 13th National People's Congress opens at the Great Hall of the People in Beijing, March 5, 2021.

Premier Li Keqiang delivered a government work report at the opening of this year's session of the 13th National People's Congress in Beijing on Friday. Here are some key figures.


2018

2019

2020

2021

Target

Actual Results

Target

Actual Results

Target

Actual Results

Target

GDP Growth (%)

~6.5%

6.6%

6-6.5%

6.1%

No Specific Target Set

2.3%

>6%

CPI Increase (%)

~3%

2.1%

~3%

2.9%

~3.5%

2.5%

3%

New Urban Jobs (million)

11

13.61

>11

13.52

>9

11.86

>11

Registered Urban Unemployment rate (%)

<4.5%

~5%

<4.5%

3.62%

~5.5%

5.2%

~5.5%

Fiscal Deficit (trillion yuan)

2.38


2.76


3.76


Increase Year on Year

Deficit to GDP Ratio (%)

2.6%


2.80%


3.6%


3.2%

M2 Growth (%)

Reasonable

8.1%

Match with GDP Nominal Growth

8.7%

Notably Higher than 2019

10.1%

The Growth Rate of Money Supply and the Scale of Social Financing Basically Matches the Growth rate of the Nominal Economy

Imp & Exp Growth (%)

Stable and Sound Momentum

12.6%

?Stable and Higher-quality

3.4%

More Stable and Higher-quality

1.9%

?Stable and Higher-quality

Decrease in Energy Consumption Per Unit of GDP (%)

>3%

3.1%

3%

2.6%

Keep Decreasing

0.1%

3%

Investment in Railway Construction (billion yuan)

732

802.8

800

802.9

Increased by 100 billion yuan



Investment in Road construction and Waterway Projects (trillion yuan)

1.8

2.3

1.8

2.3




Issuance of Special Local Government Bonds (trillion yuan)

1.35


2.15


3.75





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