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China prepares for annual NPC session, eyes more reforms
March 4, 2014, 5:52 am

The second session of the 12th National Committee of the Chinese People's Political Consultative Conference (CPPCC), the national advisory body, opens at the Great Hall of the People in Beijing, capital of China, March 3, 2014 [Xinhua]

The second session of the 12th National Committee of the Chinese People’s Political Consultative Conference (CPPCC), the national advisory body, opens at the Great Hall of the People in Beijing, capital of China, March 3, 2014 [Xinhua]

Chinese Premier Li Keqiang is set to deliver his first government work report on Wednesday to review performances in 2013 and lay out priorities for 2014.

The annual meeting of China’s parliament, the National People’s Congress, will meet in Beijing’s Great Hall of the People on March 5.

China’s national lawmakers and political advisors will discuss the country’s social and economic development at the meet which is expected to continue for around nine days.

The 2987 members of the NPC meet once a year, usually in March. The NPC will set the growth target for the year, set at 7.5 per cent last year.

The Chinese government could roll out more pro-growth policies to ensure economic and social stability even as Chinese President Xi Jinping had earlier vowed to let markets play a more decisive role in the economy, reducing the role of the state.

Ahead of the annual policy-setting meeting, China’s stocks rose for 4 straight days before falling on Tuesday morning.

China’s top political advisor Yu Zhengsheng on Monday pledged to deepen the country’s reforms in a comprehensive manner.

Yu, chairman of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), outlined the stress on reforms in a report delivered at the opening meeting of the 2nd Session of the 12th CPPCC National Committee that opened in Beijing on Monday.

 

 TBP and Agencies

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