Jiang Zemin outlines main economic tasks for China (4)  
2002-11-08 13:00:10
Jiang said it is essential to deepen the reform of the distribution system and improve the social security system, indicating that China should establish the principle that labor, capital, technology, managerial expertise and other production factors participate in the distribution of income in accordance with their contributions, thereby improving the system under which distribution according to work is dominant and a variety of modes of distribution coexist.

Efforts should be made to improve the basic old-age pension and medical insurance systems for urban workers, and the systems of unemployment insurance and subsistence allowances for urban residents, he said.

In response to the new situation of economic globalization and China's entry into the WTO, the nation should take part in international economic and technological cooperation and competition on a broader scale, in more spheres and on a higher level, make the best use of both international and domestic markets, optimize the allocation of resource, expand the pace for development and accelerate reform and development by opening up, he said.

Jiang said China should do everything possible to create more jobs and improve the people's lives.

It is the long-term strategy and policy of the state to expand employment. Party committees and governments at all levels must take it as their major obligation to improve business environment and create more jobs, he said.

The country should introduce flexible and diverse forms of employment and encourage people to find jobs on their own or become self-employed, he said.

"The fundamental goal of economic development is to uplift the living standards and quality of life of the people," Jiang said. "As the economy develops, we should increase the income of urban and rural residents to meet their multifarious material and cultural needs."