The annual central economic conference held by the Communist Party of China (CPC) Central Committee and the State Council, which concluded Sunday afternoon, has made an eight-point overall arrangement for China's economic work in 2005.

On top of the agenda is to continue to strengthen and improve macro-economic control, correctly handle the degree and key points of the control, so as to maintain a steady and comparatively fast economic development and basically stable prices.

Work concerning rural areas, agriculture and farmers will also be reinforced, and efforts be made to raise the comprehensive production capacity of agriculture and promote the growth of grain output and farmers' income.

Other key points in the arrangement include: control the overall scale of investment in fixed assets; optimize investment structure and make readjustment between investment and consumption; adhere to the development road of new industrialization, speed up economic restructuring and the transition of growth patterns; promote interaction among the east, the central and the west areas of the country, so that they can complement each other and realize coordinated development; continue to implement the strategy of rejuvenating the nation with science and education, speed up the development of various social undertakings; well handle various works concerning people's interests so as to protect social stability; make efforts to promote economic system reforms and raise the level of opening up in an all round way.

In addition, drafting of the 11th Five-Year Plan (2006-2010) and the 2020 prospecting development targets will also be carried out in 2005, according to the arrangement.