China launches the annual parliamentary meeting, where investors monitor evidence of economic policy

The Chinese leadership will start the annual parliamentary assembly on Tuesday by setting economic measures designed to achieve the expected growth goal of 5 %, even with the threats of customs tariffs from the large United States.

Thousands of delegates throughout the country In Beijing, he gathered for the largest political event in the country in the year, known as “two sessions”.

The long -awaited event, which consists of two parallel groups of meetings, will start with an opening meeting of the political consulting conference of the Chinese people, a major consulting body, at 3 pm local time (2 am and others) in the Great People’s Hall in Beijing.

At the opening ceremony, CPCC members will review and approve the agenda of the next meeting and listen to a work report by the Championship Chairman Wang Hining.

The National Popular Congress meeting is scheduled to open on Wednesday.

As part of the NPC meeting, investors will closely monitor a report on government work, which was submitted by Chinese Prime Minister Lee Qiang on Wednesday, where policy makers are expected to determine the country’s economic growth goal in “about 5 %”, while raising the financial budget targets to 4 % of 3 % GDP in the past year.

Leaders are also expected to review the annual consumer inflation goal to about 2 %, which is the lowest level in more than two decades.

The week -long event, which will conclude on March 10, follows a press conference with the Minister of Foreign Affairs and heads of economic departments.

The meeting coincides with US President Donald Trump’s plans to double the new definitions of Chinese imports to 20 %, starting from Tuesday, the country’s role in the flow of fentanel.

On Tuesday, the Ministry of Commerce Repeat that Beijing “refuses firmly” Additional definitions and pledged counter -measures, a day after the Global Global Times, which is supported by the Chinese state, mentioned this. Officials are considering the revenge definitions The United States has agricultural and food products.