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October 19, 2010

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Party pledges to raise nation's living standards

China is to raise the income and spending power of hundreds of millions of farmers and workers with the ruling Party pledging to improve living standards nationwide.

A broad blueprint for releasing domestic wellsprings of growth by giving citizens better incomes, welfare and housing was issued by the Communist Party's Central Committee yesterday, after a four-day meeting that settled the nation's next five-year development plan from 2011.

Party leaders vowed more balanced income distribution, improved healthcare and a stronger social welfare net so citizens could feel more confident about spending savings.

"We must persist in the strategy of expanding domestic demand and maintaining steady and relatively fast development," said a communique from the meeting.

The national parliament will formally approve the plan next year.

The communique said China aimed to achieve major breakthroughs in economic restructuring and maintain stable and relatively fast economic growth, a key target.

"China will further boost people's incomes, enhance social construction and deepen reform and opening-up," it said. That would facilitate "substantial progress in transforming the economic development pattern, and markedly promote China's comprehensive national strength, international competitiveness and better shield against risks."

It would also help improve people's lives and consolidate the basis of a well-off society.

The communique said reform was "a powerful driving force" for accelerating economic development. "Reform in every realm must be comprehensively pushed forward with more resolution and encouragement," it said.

Great impetus would be given to economic restructuring, while "vigorous yet steady" efforts would be made to promote political restructuring and more efforts made to speed up the cultural and social reforms.

Professor Wang Changjiang of the Party School said "all-round reforms will be pushed forward simultaneously," not just economic reforms that had continued steadily for more than three decades.

The cultural sector would be promoted to become a "pillar industry," said Wang Tongsan, director of the Institute of Quantitative and Technical Economics at the Chinese Academy of Social Sciences.

"Cartoons, films and dramas could all become an important part of China's GDP growth," he said.

The communique said efforts should be made to improve people's livelihoods, and gradually complete a sustainable, basic public service system to suit China's situation and cover urban and rural areas.

The Party vowed to promote employment, construct "harmonious labor relations" and reasonably adjust income distribution.

The social security system should be strengthened and the pace of medical reform and development be quickened, it added.

"Only through people becoming wealthy can the country get stronger," said Professor Wu Zhongmin, of the Party School.





 

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