BEIJING,March5(Xinhua)--HuangShouhong,headofthegroupfordraftingtheChinesegovernmentworkreportthisyear,onTuesdayelaboratedonthekeypointsofthedocumentandunveiledtheprocessofitsformulation.Thereport,whichwasdeliveredbyPremierLiQiangattheannualsessionofChina'snationallegislatureearlierintheday,laysoutmajortargetsandtasksofthegovernmentfor2024.Huang,directoroftheResearchOfficeoftheStateCouncil,explainedwhyChinasetstheseprioritiesandwhethertheyarewithinreachas"China'sdevelopmentenvironmentthisyearwillcontinuetofeaturebothstrategicopportunitiesandchallenges,withfavorableconditionsoutweighingunfavorableones,"asthereportputsit.GDPTARGETATTAINABLEHuangsaidthegovernmentsetthe2024growthtargetofaround5percentbycomprehensivelytakingintoaccountvariousfactors,includingbothdomesticandinternationalsituations,aswellasboththenecessityandpossibilityofreachingsucharate.HepointedoutthreereasonsthatunderpinChina'sconfidenceandcapabilitytorealizethetarget,withthefirstbeingthecountry'sunchangedfundamentaldrivingforcesthatpowereda5.2percentgrowthin2023,aswellasmanyadvantagessuchasagiganticmarket,acompleteindustrialsystemandnumeroushighlyqualifiedworkers.Thesecondisweakeningadversefactors,includingimprovingpropertyinvestmentandsales,easinglocalgovernmentdebts,andquickeningstepstakenbysmallandmedium-sizedfinancialinstitutionstocurbrisks.Thirdly,theofficialalsonotedthatpro-growthpoliciesrolledoutinthesecondhalfoflastyearwillkickinthisyear.CONCERTEDEFFORTSInthereport,thegovernmentproposesa3percentdeficit-to-GDPratiothisyear,thesamewiththebudgetedfigureoflastyearbutlowerthantheactual3.8percentasChinaissuedanadditional1trillionyuan(about140.8billionU.S.dollars)intreasurybondsinthefourthquarterlastyear."Wecan'tsaythatChina'sproactivefiscalpolicyhassoftenedasthedeficit-to-GDPratiowaslowered...Thesame3percentratiothisyearmeans4.06trillionyuanindeficit,180billionyuanmorethanthebudgetedfigureatthebeginningoflastyearastheGDPbasewillbeexpanded,"hestressed.Accordingtothereport,Chinaaimstoadd"morethan"12millionurbanjobsthisyear,whilelastyear'stargetwas"around"12million.ThedifferentwordingreflectsboththePartyandthegovernment'sdeterminationandpolicyorientationtoboostemployment,particularlyforcollegegraduatesandotheryoungpeople,Huangsaid.OnChina'sinvestmentenvironment,hesaidthatforeigninvestorsinChinagenerallyharvesteda9percentrateofreturnoverrecentyears,acomparativelyhighlevelaroundtheworld.Towooforeigncapital,HuangsaidChinawillsteadilyexpandinstitutionalopeningup,widenmarketaccess,andrefineservicesforforeigninvestors.POOLEDWISDOMThereportwasformulatedwiththeaimoffaithfullyimplementingthedecisionsandpoliciesoftheCommunistPartyofChina(CPC)CentralCommittee,andalsoonthebasisofbroadpublicopinionsfromvariousregions,departmentsandwalksoflife,Huangsaid.Acampaignwaslaunchedtosolicitadviceonlineandnetizensincludingforeignersprovidedover1.6millionsuggestions,up82percentyearonyear.Afterthedraftreportwasfinished,morethan4,000copieswerehandedoutandover1,100piecesofrevisionadvicewerecollected."Weconsideredallthesesuggestionsitembyitemtoseeifwecantakethemfullyorpartly...Inthecomingdays,wewillcontinuetorevisethereportinaccordancewithopinionsoflawmakersandpoliticaladvisors,"hesaid.Facedwithacomplexandsevereinternationalenvironmentaswellasvariousrisksandchallenges,manycountriesfailedtoachievegoalssetbytheirgovernments,butwhydidChina,confrontedwithsimilarproblems,alwayssucceedinaccomplishingitstargets?"OneofthereasonsisthattheCPCandtheChinesegovernmentupholddemocracyandseekthegreatestcommongroundwhenmullingdevelopmentgoalsandmajorpolicies.Theyarebuiltonasolidsocialandpublicopinionfoundation,ratherthanonthewillanddemandoftheminority,"Huangsaid.Afterthenationallegislaturegivesthegreenlightfortheexecutionofthereport,variousdepartmentsoftheStateCouncilwillmakedetailedplansforitsimplementation,Huangsaid.TheStateCouncilhasrefinedamechanismtoseethatalltheadoptedmeasureswillbefullycarriedout,headded.Editor:DisclaimerTheviewsandopinionsexpressedinthisarticlearethoseoftheauthor's,GMW.cnmakesnorepresentationsastoaccuracy,suitability,orvalidityofanyinformationonthissiteandwillnotbeliableforanyerrors,omissions,ordelaysinthisinformation.