World keeps eye on China's two sessions on economy
2024-03-04
Journalists work at a press conference of the second session of the 14th National People's Congress at the Great Hall of the People in Beijing, on March 4, 2024. [Photo by Feng Yongbin/chinadaily.com.cn]
The ongoing China's annual two sessions are being closely watched by global media outlets as the meetings share how will China keep its economic growth momentum in 2024.
Lou Qinjian, spokesman for the second session of the 14th National People's Congress, announced on Monday the agenda of the congress and answered questions from the media.
Here are some excerpts from news media coverage on the sessions:
China's parliament, the National People's Congress (NPC), will kick off its annual session on Tuesday, with all eyes on plans to support growth in the world's second largest economy.
- Reuters
Many economists, including those at Citi, expect the growth target to match last year's at "around 5%", anticipating more policy steps to stabilize the housing market and increase liquidity.
- Nikkei Asia
Analysts widely expect (Chinese premier) Li to reveal a relatively ambitious growth target of "around 5%", showing that policymakers are still focused on economic growth...
- CNN
China is expected to promote its plan to achieve "new productive forces" for 2024 in the coming two sessions meetings, which will begin in early March.
