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e Interestratefixedmortgage activ Szh tsearches of the nation like moves in a chess game.” In formulating any principles and policies, we must consider not only the overall interests of the country and its long-term development but also the characteristics of each region and industry. Local governments should give full expression to their own initiative while subordinating their needs to those of the country as a whole and the requirements for long-term development.
必须坚持把人民群众利益放在第一位。要切实维护人民群众的经济、政治和文化权益，着力解决关系群众切身利益的突出问题，保障城乡困难群众的基本生活。不断满足人们日益增长的物质文化需要，是社会主义现代化建设的根本目的。只有执政为民，我们的各项事业才能获得最广泛最可靠的群众基础和力量源泉。
We must always put the interests of the people first. We must truly protect the people’s economic, political and cultural rights and interests, pay particular attention to solving acute problems affecting their vital interests, and ensure that poor urban and rural residents have the basic necessities of life. The fundamental goal of our socialist modernization drive is to continually meet the growing material and cultural needs of the people. Only if we exercise power for the good of the people can we enjoy the broadest and most reliable support from the people and draw from them the strength for accomplishing all our undertakings.
农村责任制有多种形式。由于农村地域广阔，各地的自然条件、生产水平和生活方式差别很大，不可能有哪一种能适合所有的地区。长期以来，行政管理过于集中、方法过于划一，不能激发地方和农名的积极性。如今，农名选择了他们认为最符合他们所需要的形式。个人家庭或小组承担明确的生产责任，报酬与责任直接挂钩。这样一来就消除了通常称作吃“大锅饭”的局面。在吃大锅饭的情况下，干多干少、干好干坏都一样。新的体制使生产有了显著的提高。毫无疑问，责任制是中国农业迅速发展的新动力。
There are diverse forms of the rural responsibility system. Because the rural areas are vast and natural conditions, the living standards and lifestyles differ greatly in various localities, it is impossible to apply only one form to all areas. The excessively centralized administration and uniform method cannot arouse the enthusiasm of local authorities and farmers for a long time. At present, farmers choose the form they think to best meet their needs. Individuals, families or teams assume their clearly defined responsibilities for production, with their remuneration linked to their responsibilities. This helps eradicate the practice of eating from the same big pot. Under the old system, there is no difference between more or less work and the good or bad results. Thanks to the new system, production rises notably. There is no doubt that the responsibility system is a new driving force for the rapid development of China’s agriculture.
祖国统一大业取得新进展。我国政府恢复对澳门行使主权。坚持贯彻“一国两制”方针，严格执行香港特别行政区基本法和澳门特别行政区基本法，香港和澳门社会经济稳定。海峡两岸人员往来和经济文化交流不断加强。反对“台独”等各种分裂图谋的斗争深入开展祖国统一大业取得新进展。我国政府恢复对澳门行使主权。坚持贯彻“一国两制”方针，严格执行香港特别行政区基本法和澳门特别行政区基本法，香港和澳门社会经济稳定。海峡两岸人员往来和经济文化交流不断加强。反对“台独”等各种分裂图谋的斗争深入开展
Fresh progress has been made in the great cause of national reunification. The Chinese Government has resumed the exercise of sovereignty over Macao. The principle of “one country, two systems” has been implemented and the basic laws of Hong Kong and Macao special administrative regions have been carried out to the letter. Hong Kong and Macao enjoy social and economic stability. Personnel, economic and cultural exchanges across the Taiwan Straits have kept increasing. The fight against “Taiwan independence” and other attempts to split the country has been going on in depth.
完善政府的经济调节、市场监管、社会管理和公共服务的职能，减少和规范行政审批。要把促进经济增长，增加就业，稳定物价，保持国际收支平衡作为宏观调控的主要目标。扩大内需是我国经济发展长期的、基本的立足点。坚持扩大国内需求的方针，根据形势需要实施相应的宏观经济政策。调整投资和消费关系，逐步提高消费在国内生产总值中的比重。完善国家计划和财政政策、货币政策等相互配合的宏观调控体系，发挥经济杠杆的调节作用。深化财政、税收、金融和投融资体制改革。完善预算决策和管理制度，加强对财政收支的监督，强化税收征管。稳步推进利率市场化改革，优化金融资源配置，加强金融监管，防范和化解金融风险，使金融更好地为经济社会发展服务。

We must improve the government functions of economic regulation, market supervision, social administration and public services, and reduce and standardize administrative procedures for examination and approval. We must stimulate economic growth, create more jobs, stabilize prices and maintain balance of international payments as the main macroeconomic control objectives. Stimulating domestic demand is an essential and long-standing factor underlying China’s economic growth. We must stick to the policy of stimulating domestic demand and implement corresponding macroeconomic policies in light of actual needs. We must adjust the relationship between investment and consumption to raise the proportion of consumption in GDP gradually. We should improve the macroeconomic control system featuring the coordination of state planning and fiscal and monetary policies to give play to economic leverage. We should deepen the reform of the fiscal, taxation, banking, investment and financing systems. We should improve the budgetary decision-making and management system, step up the supervision of revenue and expenditures and intensify tax administration. We should carry out the reform steadily to deregulate interest rates to leave them to market forces, optimize the allocation of financial resources, strengthen regulation and prevent and defuse financial risks so as to provide better banking services for economic and social development.
过去一年，我们是在应对新的挑战和考验中前进的。近两年我国经济运行中出现了一些新问题，主要是粮食供求关系趋紧，固定资产投资膨胀，货币信贷投放过快，煤电油运紧张。如果任其发展下去，局部性问题就会演变为全局性问题。党中央、国务院审时度势，及时作出了加强宏观调控的决策和部署，按照果断有力、适时适度、区别对待、注重实效的原则，综合运用经济、法律手段和必要的行政手段，着力解决经济平稳较快发展的突出问题。经过全国上下共同努力，宏观调控取得明显成效。经济运行中不稳定不健康因素得到抑制，薄弱环节得到加强，避免了经济大的起落。
We made progress while responding to new challenges and tests during the past year. Some new problems have emerged in China’s economic activities over the last two years, mainly tight grain supply, overheated investment in fixed assets, excessive money and credit, and shortages of coal, electricity, petroleum and transportation. If allowed to grow unchecked, these isolated problems could have had an overall impact. After sizing up the situation, the CPC Central Committee and the State Council promptly made decisions and arrangements for strengthening macroregulation. Acting on the principles of adopting resolute and effective measures, taking timely and appropriate steps, dealing with problems individually and stressing practical results, they worked to solve prominent problems threatening steady and rapid economic development through a combination of economic and legal means, plus administrative means when necessary. Thanks to the concerted efforts of the whole nation, their macroregulation achieved significant results. Destabilizing, unsound factors threatening economic performance were contained, weak links were strengthened, and large economic fluctuations were avoided.
推进产业结构优化升级，形成以高新技术产业为先导、基础产业和制造业为支撑、服务业全面发展的产业格局。优先发展信息产业，在经济和社会领域广泛应用信息技术。积极发展对经济增长有突破性重大带动作用的高新技术产业。用高新技术和先进适用技术改造传统产业，大力振兴装备制造