The 2024 session of China's legislature, the National People's Congress, commences this week with a primary focus on the country's economy. The ruling Communist Party faces the challenge of revitalizing an economy strained by increased government controls and the recent real-estate market downturn.
While various topics are expected to be discussed during the congress, including proposals to raise the retirement age and the defense budget, the economy remains the central concern for many Chinese citizens. The post-COVID economic recovery has not met expectations, leading to a sense of uncertainty among the population.
