China’s National People’s Congress, a key political event in the country, is set to begin, bringing together top leaders and provincial officials to endorse decisions made by the Chinese Communist Party. The congress serves to signal government priorities for the coming year and disseminate instructions to party members and officials. This year marks the end of China’s current 5-year plan, prompting experts to look for clues about the next plan from 2026 to 2030.
Economic growth targets will be announced during the congress, with analysts expecting around a 5% target, reflecting China’s challenges with a slow real estate sector and consumer spending. Trade tensions with the U.S., ongoing under President Trump, have led to uncertainty around economic growth projections.
The government’s priorities are expected to focus on boosting domestic demand, promoting innovation, and supporting the private sector for growth. While measures have been introduced to stimulate the economy, analysts are cautious about the potential impact.
Foreign policy, particularly regarding the U.S. and Taiwan, will also be under scrutiny. Diplomatic relations with Russia and China’s stance on the Ukraine crisis are additional areas of interest. The National People’s Congress is ceremonial in nature, with decisions already made by Communist Party leaders, but provides insight into government priorities and goals for the future. The concurrent meeting of the Chinese People’s Political Consultative Conference during the event, known as the Two Sessions, includes various representatives from different sectors of society.
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