Full coverage: 2016 NPC & CPPCC Sessions
Noting that China will face more and tougher problems and challenges, Premier Li Keqiang at the National People’s Congress introduced the government’s growth targets and reform measures in 2016: 6.5 to 7 percent economic growth and a broadening deficit to 3% of GDP.
So what are the rationale and implications behind these economic figures? Cutting taxes and overcapacity, while transforming SOEs and encouraging the private sector, how will the government steer further structural reforms? Well, joining me in the studio to discuss these issues are Mr. He Fan, chief economist of CaiXin, and Ambassador Wu Jianmin, member of the Foreign Policy Advisory Group of the Chinese Foreign Ministry.
Voices and Votes 03/05/2016 Hightlights of government work report