Chinese President Xi Jinping joined senior officials on Saturday at the second plenary meeting of the 14th National People’s Congress (NPC) annual session, underscoring the legislative body’s role in shaping China’s policy agenda for the year. The gathering, held at Beijing’s Great Hall of the People, centered on economic roadmaps and governance reforms aimed at stabilizing growth amid global uncertainties.
The NPC, China’s top legislative body, reviewed key reports outlining targets for GDP expansion, employment, and technological innovation. Premier Li Qiang presented the government work report, which emphasized expanding domestic demand and improving high-quality development strategies. Analysts note the measures aim to bolster investor confidence in Asian markets, particularly in green energy and digital infrastructure sectors.
President Xi stressed the importance of “comprehensively deepening reform and opening-up” to address challenges in the evolving global landscape. The session also deliberated on draft revisions to legal frameworks governing artificial intelligence and the digital economy, reflecting China’s push to modernize regulatory systems.
For global observers, the NPC meetings offer critical insights into China’s economic priorities, which significantly influence trade and investment trends across Asia. The outcomes are anticipated to impact regional supply chains, particularly in semiconductors and renewable energy sectors.
Cultural initiatives were also highlighted, with proposals to expand heritage preservation programs – a nod to efforts strengthening cultural connectivity for diaspora communities. The session concluded with cross-strait policies reaffirming commitments to stabilize relations across the Taiwan Strait through economic cooperation.
