Hello and welcome to this edition of 
Biz China on China Radio International. I'm your host, Chris Gelken.
Chinese Premier Wen Jiabao on Friday announced China's economic growth target of 8 percent in 2010 in a government work report to the National People's Congress, China's top legislative body. Wen said the target mainly "aims at ensuring the quality of economic growth, focusing on the transformation of economic growth patterns and adjustment of the economic structure." In today's program, we will discuss the premier's work report.
For this story and more, do stay with us. We'll be right back after this short break.
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Premier Wen Jiabao described this year's economic situation as complicated. So what efforts will the government make to achieve its goal? What other important things does the premier's work report suggest? Our reporter Chen Xin talked to Zhuang Jian, a senior economist with the Asian Development Bank, to find out.
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Housing prices in major cities in China have soared and the trend looks set to continue. During the ongoing National People's Congress and the Chinese People's Political Consultative Conference in Beijing, lawmakers and political advisors put forward many proposals on bringing balance to the property market. What are these proposals and how do experts look at the issue, let's hear it from Liao Jibo.
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Building on their glory at the Beijing Olympics, Chinese athletes pocketed a few more medals during the recent Vancouver Winter Games. But sports economists say, to turn the athletic successes into money, China needs to make its sports industry more market-oriented and speed up development of its commercial sports. Li Ningjing has more.
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China's marine sector saw a year-on-year growth of 8.6 percent last year, contributing 9.5 percent to the country's GDP. Officials say China will continue to adjust the structure of its marine industries and highlight innovation to ensure stable and healthy development of the sector. Chen Xin has more.
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Before we go, a quick look at major business stories from around China.
And with that, we have come to the end of another edition of Biz China. If you have anything to say about the show, please feel free to contact us at bizchina@cri.com.cn. Reach us by post at English Service, China Radio International, Beijing, China. The postal code is 100040. You can also log onto our Web site, crienglish.com, to listen to this or any of our previous shows online. With program producer Chen Xin, I'm Chris Gelken in Beijing. Till next week, goodbye.
