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Macroeconomy, Finance, and Procurement Among China’s Legislative Priorities

China Market Intelligence June Xu, Lipei Zhang, with assistance from Kang Taicheng

Key Takeaways

  • The National Development Planning Law, aimed at aligning government priorities and enhancing top-down policy coordination, is set to be introduced this year.
  • Policymakers will also tighten regulations governing financial markets, with the aim of closing loopholes resulting from fragmented, sector-specific oversight.
  • Legislative plans also suggest that a clearer definition of “domestic product” may be in the works.

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