Tag: npc beijing
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China Aims for 5% Economic Growth Amid Challenges, Increases Defense Spending by 7.2%: National People’s Congress Overview
The National People’s Congress (NPC) in China has convened to address the nation’s economic and demographic challenges, setting a target for 5% economic growth in 2024 and a 7.2% increase in defense spending. While the NPC is largely ceremonial, with decisions made by the Communist Party behind closed doors, the focus on economic targets amid…