Policy Priorities Take Shape Ahead of Key Legislative Session
China's State Council convened a critical meeting this week to finalize the draft government work report, a blueprint for economic and social strategies set to be reviewed at March's National People's Congress. Premier Li Qiang emphasized aligning policies with public expectations while advancing 'high-quality development' amid evolving global challenges.
Focus on Tech, Domestic Markets, and Business Climate
The draft report highlights aggressive targets for technological self-reliance, industrial modernization, and strengthening domestic supply chains. Premier Li called for 'breakthroughs in key areas' like AI, green energy, and advanced manufacturingâsectors central to China's bid for long-term competitiveness.
Entrepreneurship and Global Investment in Spotlight
A renewed push to attract global talent and streamline business operations was announced, with pledges to create a 'first-class business environment.' The measures aim to boost private sector confidence and foster collaboration between policymakers and markets.
What's Next?
With the March legislative session fast approaching, analysts are watching for how these proposals will translate into concrete measures affecting global supply chains, tech partnerships, and sustainable development goals.
Reference(s):
China's State Council discusses draft government work report
cgtn.com
