Opinion
- The target range for 2016 allows the government to pursue significant economic reforms and restructuring.
Cartoon Commentary on Xi's two sessions talks ④: Focusing on poverty alleviation with precise plans
Poverty alleviation has been the most important part of the people's livelihood, and President Xi Jinping is most concerned about it.
- Innovations and sustainable growth are the key watchwords, which will herald the changes in China's economic growth and development agenda.
- In China's current economic climate, lowering enterprise costs means more than lowering taxes.
- The target growth rate is a much smaller number than the average number in the past 10 years, but is still relatively high compared to most major economies around the world.
- It will take a long time to establish an all-round comprehensive income tax system.
- China's sluggish economy has been a recent point of concern. However, the trend might signal more than just an economic downturn.
- We do face many problems, from risks in the financial sector to a sluggish real economy. But Chinese economy has more resources to solve these problems.
- China has proposed to increase people's life expectancy by one year by 2020. This goal is highly achievable.
- China's recently targeted growth rate, together with the 13th Five Year Plan, sends a strong signal of intent for future development.
Raising a Red Flag: China's economic future and cautious optimism
Facing downward economic pressure China's Party leadership plans to steady the ship with a targeted GDP growth rate and careful policies during the coming five years.
- While seeking to promote internationalization of its currency, China must never neglect shoring up the international competence of its real economy.
- This year's NPC session needs to ensure both the Chinese public and the outside world that they hear, understand and trust the core areas of China's next five year plan to maintain growth.
- Solving China's cultural dilemmas may be the key to other political and economic issues, which have been covered daily in exhaustive detail.
Structural reforms and global recovery: after high G20 rhetoric
While the world's major economies divide on a need for coordinated global stimulus effort, China's coming parliamentary discussions surrounding supply side reform have justifiably generated interest.
Highlights of the Sessions >>
- Full text: Work report of NPC Standing Committee
- Full text: Report on China's economic, social development plan
- Full text: Report on China's central, local budgets
- Full text: Report on the Work of the Government
- Highlights of work reports from SPC and SPP
- Xi orders breakthrough in military theory
