The 4th and 5th March, 2022 marks the start of the annual meeting ‘The Two Sessions’ in Beijing. It is the opening of the Chinese political year, shortly after the Chinese new-year period. The meetings are of two of the most relevant political organisations in China (1) the National People Congress (NPC) and (2) the Chinese People’s Political Consultative Conference (CPPCC)) – hence the name two sessions. At the opening the attendees sing the national anthem of China, the “March of the Volunteers”. The Two Sessions will go on for about a week.
It is also the time that the Premier gives his ‘work report’ over 2021. The public ambitions and policies for 2022 for home and abroad are also announced during the meeting like the 2022 new economic growth rate of 5.5% against the achieved 8,1% growth in 2021. The topics on the agenda range from the election rules for the new incoming 14thNPC and 14th CPCC, to carbon reduction to strengthening innovation.
Main targets for 2022
– economic growth target around 5.5 percent
– more than 11 million new jobs
– inflation at around 3 percent