The Latest Breaking News from National People Congress

Chinese leader Xi Jinping was awarded a third five-year term as president Friday, putting him on track to stay in power for life at a time of severe economic challenges and rising tensions with the US and others. The endorsement of Xi’s appointment by the ceremonial National People’s Congress was…

China’s leader Xi Jinping has called for “more quickly elevating the armed forces to world-class standards,” in a speech days after he warned the country was threatened by a US-led campaign of “containment, encirclement and suppression of China.” China must maximize its “national strategic capabilities” in a bid to “systematically…

Beijing is aiming for a moderate growth rate of 5 percent in 2023 amid a host of domestic and external challenges.

China said Sunday its military spending would rise at the fastest pace in four years, warning of "escalating" threats from abroad. The country's planned budgets for the year put defense spending at 1.55 trillion yuan ($225 billion), a 7.2 percent rise and the quickest rate of increase since 2019.

China said Sunday its military spending would rise at the fastest pace in four years, warning of "escalating" threats from abroad at a meeting of its rubber-stamp parliament that is set to hand Xi Jinping a third term as president.

Outgoing premier Li Keqiang told delegates at the National People's Congress that China is aiming to rebound economically after COVID slowed them down

China largely kept its language regarding Taiwan the same in an annual report to the nation’s legislature, suggesting that President Xi Jinping is maintaining its policy toward the self-ruled island even as global tensions increase.

We expect the meeting to set the GDP growth target at ‘around 5%’ with supportive macro policies, including a higher headline fiscal deficit, small increase of new special local government bond quota and more property policy easing, the bank’s chief China economist Wang Tao says

The annual meetings of China’s parliament and political advisory body will include a GDP forecast for 2023.