China's NPC 2024: Key Takeaways and Investor Skepticism
TL;DR Summary
China's annual parliamentary meetings ended without the premier hosting a press conference, breaking decades of tradition, and President Xi Jinping did not speak at the closing ceremony. The government pledged to lower energy consumption and set a 2024 growth target of around 5%, with a focus on industrial support. The State Council underwent structural changes, increasing oversight by the Chinese Communist Party.
- China's annual parliamentary meeting has ended. Here are the key takeaways CNBC
- China NPC 2024: Key Takeaways, From Xi Consolidating Power to Fiscal Stimulus Bloomberg
- China’s leaders pledged to upgrade the economy. Why are investors so skeptical? CNN
- China's congress ends with a show of unity behind Xi's vision for national greatness The Associated Press
- China pursues aggressive growth to prevent devastating slowdown: government aims to 'transform' economy Fox News
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