Wang Tao: NPC Meeting Likely to Prioritize Stabilizing Growth
Listen to the full version
We expect the upcoming National People’s Congress (NPC) meeting starting on March 5 to follow the policy stances set in the Central Economic Work Conference (CEWC) last December and set the annual GDP growth target at “around 5%” again to anchor expectations. This looks ambitious given the lingering growth headwinds and uncertainties.
The meeting is likely to prioritize stabilizing growth and emphasize boosting domestic demand with more supportive macro policies, with reviving household consumption listed as a top task.
Wang Tao is the head of Asia Economic Research, UBS Investment Bank and a former senior economist at the International Monetary Fund. She is the author of “Making Sense of China’s Economy”. She is an invited fellow of the China Finance (CF) 40 Forum and a member of the China Global Economic Governance 50 Forum.
- 1Analysis: Why ByteDance Matters More Than DeepSeek in the Global AI Race
- 2In Depth: How a Lakeside Banquet Reinforced Confidence in Baolide Among China’s Tech Elite
- 3In Depth: Tencent Bets Its AI Future on 28-Year-Old From OpenAI
- 4PCG Power, Octopus Energy Launch Power Trading Venture in China
- 5Roughly Half of China’s Provinces Miss 2025 Growth Targets
- 1Power To The People: Pintec Serves A Booming Consumer Class
- 2Largest hotel group in Europe accepts UnionPay
- 3UnionPay mobile QuickPass debuts in Hong Kong
- 4UnionPay International launches premium catering privilege U Dining Collection
- 5UnionPay International’s U Plan has covered over 1600 stores overseas
Sign in with Google
Sign in with Facebook
Sign in with 财新