China's measures on improving people's livelihood

Since the global economic crisis broke out at the end of last year, the Chinese government has timely implemented a stimulus package which stepped up financial support and policy incentives to improve people's well-being and stimulate domestic demand, in order to shore up economic recovery.

Here are the summaries of those measures:

-- China has spent 728.46 billion yuan (107.13 billion U.S. dollars) to beef up education and medical system, social security, job promotion, affordable housing construction, and cultural development which had close bearing on people's lives this year. The investment was an increase of 165.33 billion yuan from a year ago.

-- Some 293 billion yuan was invested in social security in the first 11 months this year, an increase of 17.6 percent year on year.

The basic pension insurance has covered 232.38 million urban residents. 27 provinces and autonomous regions, and four municipalities have started such pilot programs.

-- China generated 10.13 million new jobs in urban areas in the first eleven months, and the urban jobless rate would likely reach4.3 percent by the end of this year after 42 billion yuan was put into job promotion, up nearly 70 percent.

The government also offered college graduates incentives to work in rural areas and in small firms and told enterprises to provide them with internships. The jobless rural migrant workers also received financial support for starting their own businesses.

By the end of the third quarter, some 151.98 million rural migrant workers had found jobs outside their hometown. Employment rate of college graduates reached 83 percent by the end of October.

-- China unveiled the long awaited medical reform plan in April which involved 850 billion yuan of investment by 2011 to provide universal medical service to the country's 1.3 billion population. So far, more than 1.2 billion people enjoyed basic healthcare service.

-- In 2008, students in urban and rural areas started to enjoy nine-year compulsory free education. In early December, the State Council, or cabinet, decided to gradually waive tuition for needy rural students in government-funded vocational schools. Some 12 million teachers of primary and middle schools also received higher pays.

-- The government invested 41.5 billion yuan to expand affordable housing construction amid the skyrocketing property prices in some cities. By the end of October, the government had built 277,000 units of low-rent housing, and another 1.36 million are under construction.

On Dec. 14, the State Council stressed to maintain "stable" and "healthy" development of the real estate market through increasing supply of affordable housing while curbing speculation.

-- By the end of the third quarter, the disposable income of urban dwellers increased 10.5 percent year on year, and that for rural residents was up 9.2 percent.  

Source: Xinhua