On the target for controlling price increases: We hope to keep the rise in the CPI at around 3.5%. This is based on consideration of both the carry-over effect of last year's price rises and inflationary factors this year. It also demonstrates our resolve and confidence to keep inflation under control and ensure people's wellbeing. China's agricultural output has gone up for several years in a row; supply of manufactured goods on the whole exceeds demand; and we have substantial reserves of grain and other goods and materials. We are fully capable of adjusting supply and demand through import and export, and all these factors will help maintain basic stability in general prices. However, there are many factors driving up prices this year, so we must not lower our guard. We must keep prices under control to ensure that price increases do not exert a major negative impact on people's lives.

实现今年经济社会发展的目标任务，要把握好以下原则和政策取向。

To fulfill this year's goals for economic and social development, we should adhere to the following principles and policies:

第一，向深化改革要动力。改革是最大的红利。当前改革已进入攻坚期和深水区，必须紧紧依靠人民群众，以壮士断腕的决心、背水一战的气概，冲破思想观念的束缚，突破利益固化的藩篱，以经济体制改革为牵引，全面深化各领域改革。

First, we should create impetus by deepening reform. Reform has brought us the greatest benefits. China's reform has entered a critical stage and a deep water zone. We must rely fully on the people, break mental shackles and vested interests with great determination, and pursue economic structural reform as the key step to deepen comprehensive reform in all areas.

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