Two Ses­sions:

Mak­ing Progress While En­sur­ing Sta­bil­ity

China's Foreign Trade (English) - - Special Report - By Lily Wang

Spring is al­ways the best time of the year. Dur­ing this sea­son of hope and ex­pec­ta­tion, China’s “Two Ses­sions” Na­tional Peo­ple’s Congress and Chi­nese Peo­ple’s Political Con­sul­ta­tive Con­fer­ence was held as sched­uled. The “Two Ses­sions” is an an­nual af­fair that sees more than 2,000 na­tional political ad­vis­ers of­fer­ing pro­pos­als and in­sights for the govern­ment on pol­icy di­rec­tion for the com­ing year.

Dur­ing the ses­sion, the cen­tral govern­ment re­veals its an­nual work re­port, which in­cludes the of­fi­cial gross do­mes­tic prod­uct (GDP) forecast as well as in­for­ma­tion on the de­fense bud­get and other ma­jor poli­cies.

2017 is an im­por­tant year for the im­ple­men­ta­tion of the 13th “Five-year Plan” and sup­ply-side struc­tural re­form. The new nor­mal of to­day’s Chi­nese econ­omy is fac­ing huge chal­lenges and also tremen­dous op­por­tu­ni­ties.

Over­all, the poli­cies and theme of this year’s lean to­wards a con­ser­va­tive, but sta­ble growth for the Chi­nese econ­omy and coun­try. Now let us hear the voices from the fol­low­ing.

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