China targets quality, efficient growth in 2013 (3)

To improve people's well-being, the statement said the country will work to boost employment, reinforce social security networks, and step up construction of low-income housing and renovation of run-down areas.

Official data showed China created 10.24 million new jobs in urban areas in the first nine months of the year, exceeding the annual target of 9 million for this year.

China will continue its property market control policies next year, the statement said.

Stubbornly high real estate prices have been a significant source of public complaint in recent years, forcing the government to implement a string of policies like bans on third-home purchases and property tax trials to keep prices down.

However, the property market has shown warming signs in recent months, after the central bank earlier this year twice cut interest rates and banks' reserve requirement ratio to buoy the economy.

While seeking growth impetus from consumption, China will also look to boosting investment. The statement said the country will encourage both private and public investment on infrastructure projects that will not cause repetitive construction to set foundations for long-term growth.

China has earlier this year opened a number of state-run sectors such as transport and finance to private investors in a bid to increase the economy's efficiency.

Aware of industry overcapacity, the statement called for industrial restructuring through means like innovations and branding to maintain high-quality development.