Member Exclusive

Local Governments Seek Stability Ahead of National Two Sessions

Key Takeaways

  • The business community is awaiting the imminent kick-off of one of the most critical inflection points on China’s annual political calendar.
  • Over half of China’s provinces have set 2024 GDP growth targets below their 2023 targets, indicating conservative growth expectations for the year.
  • Local governments will struggle to reconcile directives to both fund new growth engines and limit debt risks.

This content is exclusive to USCBC members only.

Sign In


Join USCBC to read further.

YOU'RE INVITED
Forecast 2025

Forecast 2025