Chinese he guesses that economy grow around 5% this year. It’s a conservative, realistic goal that won’t require thick-skinned investments. infrastructures they shot Public debt. The data was announced by the Prime Minister. Li Keqiangat the opening, National People’s Assembly (Chinese legislature) in a speech of obvious economic nature. There is no more pressing priority for China than achieving a “full economic recovery” after three turbulent years. epidemicscrisis in related industries such as real estate and international instability. Expenditures will increase in a few items, also to defendAn increase of 7.2% is expected.
This was Li’s tenth and final speech in front of nearly 3,000 delegates. Great Hall of the People, a Soviet-flavored architectural monstrosity east of Tiananmen Square. It aired in just an hour, ridiculous by national standards. It was someone’s prudent farewell prudent leaderhopelessly dwarfed by him from his first day in office. Xi Jinping, which is not always in harmony. He is expected to be dismissed at the end of the board. li qianga former ally of the president.
The parliament comes three months after China withdrew the treaty. ‘zero covid’ policy. It protected lives and the economy for the first two years, but punished the second in its final year. 3 percent GDP growth last year, second lowest in half a centuryendangered the ambitious social development plans. Needed to get the economy back on track tax incentives to strengthen domestic consumption, which is still punished by its consequences. corona virus. There will be housing allowance for the young, more health insurance for the elderly, and incentives for maternity. Among the measures announced by Li this morning, 12 million jobs urban areas and list the most variable productive sectors.
insufficient demand
“ inflation spherical “The international economy and trade remain weak, and attempts to contain and contain China are increasing,” Li said. “The foundations for stable growth in our country still need to be solidified. insufficient demand continues to be a highlighted issue, and the expectations of investors and business people are unstable,” he continued.
The other figure expected with expectation is, military budget, It stayed at 7.2%. It allows for contrasting readings: only one-tenth higher than last year, but also the largest expansion in the last four years. In any case, it’s a “reasonable” figure, as Beijing has previously declared, and it belies the enormous rise that many had predicted in the context of the economic crisis. cyclical crises Taiwan and its abusive presence America in your backyard.
for him Taiwan themeA classic on the agenda, Li briefly went without saying more than a thousand times about peaceful reunification and the fight against terrorism. independent elements. Aware that warfare is only helping the interests of the US and the island’s pro-sovereignty, China changed its strategy months ago, and its calmer stance is already evident. Beijing is seeing how the clouds begin to part with China’s startling resurgence. Kuomintang, the party closest to it, which has won the last local elections and has reasonable prospects for next year’s presidential election. It is not in China’s interest to push Taiwanese voters to support the sovereignty with provocative rhetoric.