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2) Main expenditure items

The period covered by the 12th Five-Year Plan came to a close in 2015. During the past five years, impressive achievements were made in China's development. Since the 18th CPC National Congress in 2012, we have found ourselves in a complicated international environment, and we have faced the challenging tasks of carrying out reform and development and maintaining stability at home. However, under the guidance of the CPC Central Committee headed by General Secretary Xi Jinping, we have continued our commitment to the general principle of making progress while working to keep performance stable, deepened reform and opening up, and adopted a series of major measures that should deliver both immediate and long-term benefits. As a result, we successfully fulfilled all the main tasks and targets set out in the 12th Five-Year Plan.

The episode came as China's new yuan-denominated lending jumped to 2.51 trillion yuan (385 billion U.S. dollars) in January, up 71 percent from a year earlier and well above market forecasts.

Foreign direct investment in China grew 6 percent in 2015 to 136 billion U.S. dollars, making the country the third-largest foreign capital receiver in the world.

With legislators from across China sitting together in the Great Hall of the People, the "Two Sessions" will exhibit China's devotion to bridging the wealth gap.