Asia week ahead: China’s annual rite of spring
China Two Sessions
Top government officials from all over China will gather in Beijing for the annual rite of spring – the Chinese People’s Political Consultative Conference and the National People’s Congress sessions to be held on 4th and 5th March respectively.
The typical focus in these meetings is Premier Li Keqiang’s work report due on 5th March, as well as speeches by the heads of the central bank and other regulatory bodies, which set out economic targets for the year – GDP growth, inflation, money supply, bank lending, etc. – and also policy changes required to achieve these targets.