3) We need to strengthen the management and oversight of investment projects. We will promptly set up a preparatory reserve system for investment projects and improve inspection and supervision to ensure the safety of funds and overall project quality.

We need to vigorously expand consumer demand.

1) We need to accelerate adjustment of the distribution of national revenue and promote continued increase in the incomes of both urban and rural residents, paying particular attention to constantly increasing the incomes and purchasing power of rural residents and low-income urban residents.

2) We need to expand rural consumer demand. We will increase support for the development of the rural distribution infrastructure, such as the rural commodity distribution network, wholesale markets for agricultural products and a modern system of grain distribution. We will improve the distribution network for agricultural supplies and continue the project to encourage retailers to open stores in more townships and villages and the project to support 100 large wholesale markets for farm products and 100 large rural retail distributors.

3) We need to fully implement policies for regulating the real estate market. We will accelerate the construction of low-rent housing and low- and medium-priced condominiums of modest size for ordinary people, and improve and standardize the system of affordable housing to improve the housing conditions of low-income families. We must punish violators of laws and regulations in all links of the real estate industry, including development, sales and real estate agencies, to curb overheating in housing prices.

4) We need to expand areas of consumer spending. We will strongly develop e-commerce, increase consumer spending in areas such as tourism to key sites in the early CPC history, rural tourism, culture, fitness, sports and recreation, and foster and expand new areas of consumption.

5) We need to further improve the environment for consumption. We will improve policies related to medical charges and drug prices, standardize prices of medical equipment and fully implement the system for publicly announcing school fees. We will conduct monitoring and inspection of prices and charges related to farmers, enterprises, education, medicine, real estate, and services such as telecommunications and public utilities (water, electricity, oil and natural gas), improve market oversight and management and protect the legitimate rights and interests of consumers.