BEIJING - The following is the full text of the Report on the Implementation of the 2009 Plan for National Economic and Social Development and on the 2010 Draft Plan for National Economic and Social Development, which was submitted on March 5 for review at the Third Session of the 11th National People's Congress and was adopted on March 14.

REPORT ON THE IMPLEMENTATION OF THE 2009 PLAN FOR

NATIONAL ECONOMIC AND SOCIAL DEVELOPMENT

AND ON THE 2010 DRAFT PLAN FOR

NATIONAL ECONOMIC AND SOCIAL DEVELOPMENT

Third Session of the Eleventh National People's Congress

March 5, 2010

National Development and Reform Commission

Fellow Deputies,

The National Development and Reform Commission has been entrusted by the State Council to report on the implementation of the 2009 plan for national economic and social development and on the 2010 draft plan for national economic and social development for your deliberation and approval at the Third Session of the Eleventh National People's Congress (NPC), and also for comments and suggestions from the members of the National Committee of the Chinese People's Political Consultative Conference (CPPCC).

I. Implementation of the 2009 Plan for National Economic and Social Development

Last year was the most difficult year for our country's economic development since the beginning of the new century. Faced with grim and complex economic situations at home and abroad, the people of all our ethnic groups, under the leadership of the Communist Party of China (CPC), thoroughly implemented the Scientific Outlook on Development. Based on the national economic and social development plan adopted at the Second Session of the Eleventh NPC, we took maintaining steady and rapid economic development as the primary task in our economic work, followed a proactive fiscal policy and a moderately easy monetary policy, fully implemented and made constant additions and improvements to the package plan for responding to the global financial crisis, and stopped the significant decline in economic growth rate. As a result, our country was one of the first in the world to achieve overall economic turnaround. We also achieved significant results in our work to sustain economic growth, adjust the economic structure, promote reforms, and improve people's well-being. Overall, the plan for 2009 was well-implemented.