Premier Li Keqiang delivered the government work report to the press ahead of the annual session of the National People's Congress, listing China's economic growth targets.

7%

Increase GDP by about 7 percent

3%

Raise in CPI to around 3 percent

10 million

Create over 10 million jobs in urban areas

4.5%

Ensure registered urban unemployment rate should not exceed 4.5 percent

6%

Increase imports and exports by around 6 percent

3.1%

Cut energy intensity by 3.1 percent

1.62 trillion yuan

Annual government budget deficit is projected to be 1.62 trillion yuan ($259 million)

2.3%

Deficit-to-GDP ratio will rise from last year's 2.1 percent to 2.3 percent

12%

Broad money supply (M2) to increase around 12 percent

477.6 billion yuan

The central government will increase its budgetary investment to 477.6 billion yuan

800 billion yuan

More than 800 billion yuan will be invested in railway construction and open over 8,000 km of railways to traffic

800 billion yuan

Over 800 billion yuan will be invested in major water conservancy projects

7.4 million

Build an additional 7.4 million units of government-subsidized housing

10 million

Reduce the poor rural population by more than 10 million

550 million metric tons

Keep grain output above 550 million metric tons

3.1%

Cut the intensity of carbon dioxide by at least 3.1 percent

3.66 million

Renovate 3.66 million dilapidated rural houses, an increase of 1 million over the renovated last year