The 14th National People’s Congress has held a news conference, briefing the public on key concerns and policy signals that may ripple across the globe. Our reporter Feng Yilei has the latest.
14th National People’s Congress is ready for its fourth session starting Thursday.
Deliberation on China’s social and economic plan for the next half-decade sits high on the agenda.
It’s not just about numbers or growth targets, but about growth quality – as China doubles down on future industries and a 1.4 billion-strong market.
LOU QINJIAN Spokesperson, Fourth Session of the 14th NPC “This year, we will expand domestic demand and boost consumption to build a strong domestic market. We will upgrade consumption, improve the international environment, and host the ‘Buy in China’ campaign, while linking people’s wellbeing with consumption.”
The top legislature is positioning its legislative agenda as a guarantee.
National legislators will review the National Development Planning Law to cement long-term strategic goals during the two sessions.
New legislation in healthcare, childcare is also on the table throughout the year, with the aim to turn social security into a catalyst for consumption.
Meanwhile, China remains wide open for foreign businesses and investors and vows to expand institutional opening-up and defend multilateral trade, and deepen Belt and Road cooperation in the next five years, to grow the global pie and sharing opportunities guaranteed by a more transparent legal framework.
LOU QINJIAN Spokesperson, Fourth Session of the 14th NPC “China stands ready to strengthen communication with the US at all levels to expand bilateral cooperation, while firmly safeguarding its sovereignty, security, and development interests.
We will work with Europe to uphold our partnership, properly handle economic and trade differences, expand cooperation, and jointly address global challenges.
Guided by the Central Conference on Work Related to Neighboring Countries, we will build a community with a shared future with neighboring countries, following the principles of amity, sincerity, mutual benefit, and inclusiveness, to jointly create a peaceful, prosperous, and friendly home.”
Despite external headwinds, China has reaffirmed its stance to immediate halt to military action, and called for a return to dialogue to prevent further escalation in safeguarding the Middle East’s stability.
LOU QINJIAN Spokesperson, Fourth Session of the 14th NPC “No country has the right to control international affairs, dictate the fate of others, or monopolize development advantages – still less to act as it pleases on the world stage.
As a major country and permanent member of the UN Security Council, China stands ready to work with all nations to firmly safeguard the authority and standing of the United Nations, uphold the purposes and principles of the UN Charter, and practice true multilateralism, contributing further to reforming and improving global governance and building a community with a shared future for humanity.”
FENG YILEI Beijing “Against a backdrop of escalating regional flashpoints and a volatile global trade environment, observers here appear to be eager to see one thing above all else from the sessions over the coming week–certainty. China is trying to prove that its roadmap is not merely to solidify its foundation for socialist modernization by 2035; but also intended to be a reliable engine for the globe through the geopolitical storm. Feng Yilei, CGTN, Beijing.”
Source CGTN
