China releases reports on budgets, national economic and social development plans

BEIJING, March 14 (Xinhua) -- Two reports approved Thursday at the fourth session of the 14th National People's Congress were released in full via Xinhua News Agency on Saturday.

The report on the implementation of the 2025 plan for national economic and social development and on the 2026 draft plan for national economic and social development has three parts:

I. Implementation of the 2025 Plan for National Economic and Social Development;

II. Overall Requirements, Main Objectives, and Policy Orientations for Economic and Social Development in 2026;

III. Major Tasks for Economic and Social Development in 2026.

The report on the execution of the central and local budgets for 2025 and on the draft central and local budgets for 2026 has three parts:

I. Execution of the 2025 Central and Local Budgets;

II. Draft Central and Local Budgets for 2026;

III. Fiscal Reform and Development in 2026. ■