Ready, Aim, Fire.docVIP

Ready, Aim, FireSince January 7， provincial regions and cities in China have started holding annual conferences of law makers and political advisers. By February 5， 28 out of the 31 provincial regions had concluded two sessions of local people’s congresses and committees of the Chinese People’s Political Consultative Conference.Without exception， all the provinces， autonomous regions and municipalities have put their working emphases on guaranteeing development quality and how economic growth can bring real benefits to the well-being of residents.Closer targetsWith downward pressure on China’s economy， 26 out of the 28 provincial regions， which have held the annual local meetings， have lowered their GDP growth targets for 2015.Among the 28 regions that have revealed their GDP targets， only Tibet Autonomous Region in southwest China kept its new target equal with that of last year at 12 percent. Shanghai， the nation’s largest business center with a per-capita income of more than $10，000 a year， forwent setting a GDP target for the first time despite the municipality’s GDP expanding by 7 percent last year.The city will continue to optimize its economic structure and change its growth model from investment-driven to innovation-driven， Mayor Yang Xiong revealed in the government work report at the annual meeting of the municipal legislature on January 25.The report showed Shanghai’s ambition to become an international center for technological innovation. Research and development expenditure was given 3.6 percent of the city’s GDP in 2015. Aircraft engines， neuroscience and artificial intelligence will be the main focus.Beijing lowered its growth target to 7 percent， from 7.5 percent of last year. The biggest cut was by 3 percentage points， coming from northeast China’s Liaoning Province， north China’s Shanxi Province and northwest China’s Gansu Province.Li Zuojun， a senior member of the State Council Development Research Center， a Central Government think tank， sees the