Can China find answers to its pressing economic and demographic challenges? That’s the question facing thousands of delegates as they gather for the country’s highly choreographed National People’s Congress in Beijing. Leaders have announced a target of five percent economic growth in 2024 – far below the double-digit growth that once powered the Chinese economy. They also plan to increase defense spending by 7.2 percent – the same rate of increase as last year. The annual, week-long gathering is mostly ceremonial in nature: All key decisions have already been made behind closed doors by the Communist Party.
What’s on the agenda for this year’s National People’s Congress in China? | DW News
Add comment