Five-Year Plan targets reached ahead of schedule
(Xinhua)
Updated: 2006-01-31 09:36

Major targets outlined in China's 10th Five-Year Plan have been reached ahead of schedule.

The National Development and Reform Commission has announced the Chinese government solved employment problems for 43.68 million urban residents between 2001 and 2005 and enabled a 40 million-strong rural workforce to move to the cities.

China's registered unemployment rate dipped to under 5 percent at the end of 2005, said the commission, and the yearly per capita income for urban and rural residents increased 9.7 percent and 5 percent respectively.

The national financial income also surged from 1.34 trillion yuan (166.3 billion US dollars ) in the year 2000 to over 3 trillion yuan (372 billion dollars) in 2005.

The commission also reported that during the five-year period, the reform of China's economic structure enjoyed considerable progress, with agricultural production strengthened and construction of infrastructure in the fields of energy, transport and key raw materials accelerated.

China's total foreign trade reached 1.4 trillion dollars, nearly twice as much as that of the year 2000.

The total overseas investment utilized by China during the five years amounted to about 270 billion US dollars.