China‘s NPC Sets 5% GDP Target For 2023 Amidst Headwinds

Alfredo Montufar-Helu, Head of The China Center for Economics & Business, The Conference Board

06-Mar-23 07:30

China‘s NPC Sets 5% GDP Target For 2023 Amidst Headwinds

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China’s annual National People’s Congress started yesterday morning, an important political event watched closely that will last until March 13. At the opening, Premier Li Keqiang gave his last government report whilst outlining a gross domestic product (GDP) target of 5% for 2023. Alfredo Montufar-Helu, Head of the China Center for Economics and Business, The Conference Board gives us observations of events so far and on the significant changes in leadership.

Image credit: Shutterstock

Produced by: Wong Shou Ning

Presented by: Wong Shou Ning, Chong Tjen San

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Categories: politics, international, economy

Tags: china two sessions, chinese economy, national people's congress,

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