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China Opens Two Sessions With Focus on Economy and Global Relations

Amid trade tensions with the US and a shifting world order, Beijing emphasizes stability, innovation, and stronger ties with Europe.

  • China's National People's Congress (NPC) begins its annual Two Sessions, highlighting economic priorities and diplomatic strategies for the year ahead.
  • Beijing is prioritizing innovation and self-sufficiency in high-tech sectors, with a focus on AI and green technologies, as it navigates US trade restrictions and tariffs.
  • NPC spokesperson Lou Qinjian criticized US-imposed tariffs as violations of international trade norms and announced retaliatory measures on American agricultural exports.
  • China is seeking closer ties with Europe, framing the relationship as independent of third-party influence, while addressing past tensions over its stance on Ukraine and trade disagreements.
  • Economic challenges such as weak domestic demand, high youth unemployment, and falling real estate prices are prompting discussions on fiscal stimulus and consumer spending policies.
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