China Congress Explainer: What to watch for In China's Major Political Meeting Of The Year

Описание: One burning issue dominates as the 2024 session of China's legislature gets underway this week: the economy.

The National People's Congress annual meeting opens on Tuesday.

It is being closely watched for any signals on what the ruling Communist Party might do to reenergize an economy that is sagging under the weight of expanded government controls and the bursting of a real-estate bubble.

That is not to say that other issues won't come up.

Proposals to raise the retirement age are expected to be a hot topic, the state-owned Global Times newspaper said last week.

And China watchers will parse the annual defense budget and the possible introduction of a new foreign minister.

But the economy is what is on most people's minds in a country that may be at a major turning point after four decades of growth.

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