The ongoing 'two sessions' in China are pivotal as top politicians gather to set growth targets, with a strong emphasis on technology self-reliance and 'high quality development' as part of the new five-year plan for 2026-2030. This plan is expected to be endorsed during the sessions, reflecting the ruling Communist Party's commitment to sustainable economic growth despite increasing competition from the US. Discussions will likely include the role of Hong Kong as an international financial center and the ambitious Northern Metropolis megaproject.
BUSINESS
China'S Two Sessions Set Growth Targets Amid Economic Challenges
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As China's 'two sessions' unfold, the focus shifts to 'high quality development' in the upcoming five-year plan for 2026-2030. Policymakers are addressing financial risks and corruption while emphasizing technology self-reliance amidst challenges in the housing sector and youth unemployment.
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THthehindu.com
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AIabcnews.com
TLtribune.com.pk
DPdigitalpakistan.pk