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China Sets Moderate Economic Goals, Eyes Innovation and Development

China Sets Moderate Economic Goals, Eyes Innovation and Development

China’s central government closed its annual National People’s Congress on Wednesday on a positive note, touting successful implementation of its previous Five-Year Plan and setting new targets for the years ahead.

Premier Li Keqiang highlighted several key points on China’s economy in his closing news conference:

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What to expect in the final National People’s Congress meeting

What to expect in the final National People’s Congress meeting

China’s legislative body is expected to deviate from the typical economic agenda when it convenes March 5 for its final session before the 19th Communist Party Congress in the fall. Instead, the focus will be on preparing for the Party Congress and a leadership shuffle for President Xi Jinping’s second five-year term.

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