SNAPSHOTS

China's 'Two Sessions' Meeting Will Shed Light on Economic Support, Trade Resilience Plans

Feb 28, 2025 | 18:17 GMT

Chinese President Xi Jinping (center) and other senior leaders applaud at the closing session of the Chinese People's Political Consultative Conference, or CPPCC, on March 10, 2024, in Beijing, China.
Chinese President Xi Jinping (center) and other senior leaders applaud at the closing session of the Chinese People's Political Consultative Conference, or CPPCC, on March 10, 2024, in Beijing, China.

(Kevin Frayer/Getty Images)

The Chinese government will maintain its cautious approach to economic stimulus following its annual legislative conference, which will also reveal more details on state plans for debt relief, foreign investment promotion and responding to Western trade restrictions. The Chinese People's Political Consultative Conference (CPPCC) will start its annual session on March 4, while the National People's Congress (NPC) will start its annual session on March 5, kicking off a week-long policymaking period commonly referred to as the ''Two Sessions.'' Premier Li Qiang will deliver the closely watched annual government work report on March 5, in which he will review last year's accomplishments, discuss China's domestic economic conditions and growing ''external pressures'' (in reference to growing trade tensions with the West), and this year's economic, security and political goals for the Chinese Communist Party, or CCP. The NPC will also conduct a second review of the draft Private Economy Promotion Law,...

Subscribe to view this article

Subscribe Now

Subscribe

Already have an account?