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Highlights of Chinese Premier Wen Jiabao's government work report
(Xinhua)
Updated: 2008-03-05 09:25

Energy, environment

-- China will implement the plan to close down backward production facilities in the electricity, steel, cement, coal and papermaking industries.

-- China will increase the urban sewage treatment capacity and strive to reach the goal of 100percent collection and treatment of sewage in 36 large cities within two years.

Banking reform

-- Shareholding system will to be introduced to the Agriculture Bank of China, and the China Development Bank will be reformed this year.

Stock market

-- China will establish a market for growth enterprises, accelerate development of the bond market and steadily develop the futures market, while striving to improve the performance of listed companies, and maintaining an open, fair and equitable market environment.

Foreign investment

-- China will limit or ban foreign investment in projects that are energy intensive or highly polluting, limit or ban foreign investment in some areas of resource exploitation, and correct illegal practices for attracting foreign investment.

Free compulsory education

-- China will realize free compulsory education universally available in both urban and rural areas this year when it stops collecting tuition and miscellaneous fees from urban students in autumn.

Olympics

-- China will prepare for and organize the Games well, strengthen cooperation with the international community, and create an excellent environment to ensure that the Games are a unique, well-run sporting event.

Super ministries

-- A plan for the reform of bodies of the State Council to be tabled with this Session will explore ways to establish larger departments that organically integrate the functions of smaller departments, to resolve the problem of overlapping responsibilities and of powers not being matched by responsibilities.

Taiwan issue

-- The mainland will work for the early resumption of cross-Straits negotiations on the basis of the one-China principle to address major issues of concern to compatriots on both sides.

-- The mainland firmly opposes "Taiwan independence" secessionist activities, and will never allow anyone to separate Taiwan from the motherland in any guise or by any means.

-- Any issue that concerns China's sovereignty and territorial integrity must be decided by all the Chinese people, including Taiwan compatriots.

-- The attempts of "Taiwan independence" secessionist forces to deny the reality that the mainland and Taiwan belong to one and the same China and to undermine peace in the Taiwan Straits are doomed to fail.

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