What to watch for at China's major political event this week

China’s annual major political event gets underway this week, bringing together the nation’s top leaders and thousands of provincial leaders to endorse decisions already made by the all-powerful Chinese Communist Party.

BEIJING — China’s annual major political event gets underway this week, bringing together the nation’s top leaders and thousands of provincial leaders to endorse decisions already made by the all-powerful Chinese Communist Party.

The meetings and gathering during the National People’s Congress, expected to last for about a week, are still important. The rubber-stamp parliament retains an important function: to signal the priorities of the government for the coming year and to disseminate instructions to party members and officials across the country.

The messaging from leadership appears unchanged from previous years — stay the course on fostering innovation while also spurring domestic consumption.

The question will be how they balance those two goals, and will it be enough to reinvigorate the economy? And to what extent will the government buffer the impact of what might be another phase in the U.S.-China trade war?

This year also marks the end of China’s current 5-year plan, and experts will be looking for clues on the government’s priorities for the next, 2026 to 2030 plan.

https://www.nbcnews.com/news/world/watch-chinas-major-political-event-week-rcna194466

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