This year’s gathering of China’s official lawmaking and top political advisory bodies, which will rubber-stamp laws and policies decided by the ruling Communist party, will be closely watched as it is the first to be held since President Xi Jinping and Premier Li Keqiang formally took the reins of government, writes Jamil Anderlini in Beijing.
Each year there is talk about whether or not these gatherings of China’s National People’s Congress and the Chinese People’s Political Consultative Congress remain just a political pageant, or if the party is allowing more debate to creep in. The main topics at this week’s event are likely to include:
These are expected to remain unchanged, but if they are it could provide useful insight into the new leaders’ thinking on the strength of the economy and how willing they are to accept lower rates of growth as they try to reform the economic model.
Real estate policy
After years of ineffectual attempts to rein in the booming property market, there are some signs the leadership is preparing policies to bring down residential prices, a source of discontent among the growing urban population. The annual government report is often used to announce such policies.
Reform of state-owned enterprises, pollution, foreign relations, local government debt and shadow banking.