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After successfully fulfilling various tasks set out by the 12th Five-Year Plan, we will soon commence the 13th Five-Year Plan.

This is a decisive task brought forward by the CPC Central Committee as well as a promise made by the Party to the whole nation, which should be accomplished on time.

We need to accomplish the five tasks of cutting excessive industrial capacity, destocking, de-leveraging, lowering corporate costs and improving weak links.

Wang Yiming said that one of the tasks set in the 13th Five-Year Plan is to achieve the goal of raising the rate of registered population in towns and cities.

Efforts need be made to achieve the transformation and upgrading of China’s international competitiveness from labor-intensive industries and value-added links to capital and technology-intensive industries.

2016 is the first year of the 13th Five-Year Plan period and a crucial year to propel various reforms.

Recently we conducted a field survey on the construction of accountability system of township governments in 20 villages and towns located in 10 provinces.

The other day, I went by the gate of No. 9 Courtyard in Beijing (The author once worked in No. 9 Courtyard in Beijing- note added by the translator).