Action: China's 2016 Two Sessions
The 12th National People's Congress (NPC) Source: EPA
China's legislative body the National People's Congress begins its annual session this weekend. This year theyll be outlining the countrys 13th Five Year Plan. In light of recent economic jitters, all eyes will be on plans for the economy, and what it means for local businesses and foreign investment. The Chinese government work report delivered by Premier Li Keqiang at the parliament's annual session says China targeted economic growth of approximately 6.5 TO 7 percent in 2016. It is the first time that China uses a range rather than a certain number to describe GDP growth. Concern towards China's slowing down economy spreads widely. Lowy Institute researcher Mr Cai Yuan and audiences discussed current China's Two Sessions.
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