The report is meant to provide suggestions for Chinese central authorities putting together the 13th five-year plan.
One of the over-riding themes in the research report is how to keep China's economy moving under the "New Normal."
This is the term being used to describe slower, but more sustainable growth.
Xin Chunying, deputy General Secretary of the National People's Congress Standing Committee, suggests future development will heavily rely on innovation.
"An innovation-driven development model is being suggested, with technological and systemic innovation highlighted as the key. Economic growth, industrial upgrades and the increase of our country's competitiveness is going to rely on technological advances."
The report is the culmination of some 4-months of field research by lawmakers.
It's calling for a continued push toward a market economy.
At the same time, it also highlights income distribution, health, education and social security.
Xin Chunying says one area they're focusing on, in particular, is how to care for the country's elderly.
"Improving services for the elderly is one of the key areas we're focusing on in trying to building a well-off society in the 13th five-year plan period. The government is expected to play a leading role by providing financial support and policy incentives. The public sector is also being encouraged to tap into the area."
The 13th five-year plan, the first under President Xi Jinping's leadership, is to map strategies for China's development with growth targets between next year and 2020.
The final goal is to produce a moderately prosperous society in the next 5-years.
The NPC's Xin Chunying says this is going to be done through better legislation.
"We're going to create new laws focusing on the protection of seniors' rights, comprehensive loan services and basic healthcare everyone. Legislation surrounding the protection of the maritime environment, poverty relief and food security will also be prioritized."
The next 5-year plan is to be formalized at a meeting of the country's top lawmakers and advisors later this year in Beijing.
For CRI, I'm Wang Mengzhen.
