In reviewing our work of the past year, we clearly see that many problems and difficulties remain in our economic and social development. First, although the outstanding problems in economic activities have been somewhat alleviated, they have yet to be fundamentally solved. Weaknesses in agriculture as the foundation of the economy still have not improved substantially, and it has become harder to continue increasing grain production and rural incomes. In addition, there is the possibility of a return to overheating in fixed asset investment, supplies of coal, electricity, petroleum and transportation are still very tight, and there is still considerable inflationary pressure on prices.