Full Text: Report on China's economic, social development plan(9)

Domestically, there are still serious conflicts and problems that make our economic development unbalanced, uncoordinated and unsustainable.

First, downward pressures on economic growth exist. Continued weakness in external demand and slowed growth in domestic demand may be emerging at the same time. Since September 2011, there has been a continued slowdown in our country's export growth, and there will be greater difficulties this year. The factors hindering growth in domestic demand will continue to increase, growth in consumption is likely to level off and even slow down, and enterprises will be less able and less willing to invest.

Second, upward pressures on prices remain relatively high. The prices for labor, land, energy and resources, and other factors of production show a tendency of long-term rise, imported inflation cannot be underestimated, it is hard to redress the tight balance between supply and demand for certain agricultural products, and straightening out price relationships among resource products will also push up the overall price level to a certain extent.

Third, ensuring a steady increase in agricultural production is difficult. The agricultural foundation is not solid, the level of agricultural science and technology is low, constraints from insufficient resources are intensifying, and farmers face low returns. At the same time, after eight consecutive years of increased grain output, new situations have emerged in which the base figure of grain output is large and cost of production is high.

Fourth, the situation in energy conservation and emissions reduction is severe. The problem of irrational industrial structure is prominent, the market conditions and policy environment for eliminating backward production facilities and stimulating development of the service sector and the strategic emerging industries need to be improved; energy consumption is growing rapidly; the permanent mechanism for saving energy and reducing emissions needs further improvement; emissions of pollutants are still high; and environmental pollution accidents appear to be on the rise.

Fifth, some enterprises have increasing difficulties in production and operations. The problem of excess production capacity is evident in some industries, and a greater number of enterprises are suffering losses. In particular, some small and micro enterprises have encountered enormous operating difficulties.

Furthermore, potential risks exist in fiscal and financial areas, regulation of the real estate market is at a crucial stage, the income gap is still large, tasks for the reform and development of education and health remain arduous, and people feel strongly about issues concerning workplace safety, product quality, land expropriation, and housing demolition, which adversely affect social harmony and stability.

We need to give top priority to the above problems and conscientiously respond to and resolve them in our work.