Party goals and global dependencies One casualty of the Covid-19 crisis may be China's economic growth targets. After years of double-digit growth in reform and opening up, China's economy grew by about 6 percent last year. The International Monetary Fund predicts that China's economic growth rate this year may only be 1.3%. Such growth is not enough to support Xi Jinping's goal of doubling the national economy from 2010 levels by 2020. China's economic growth is determined not only by domestic consumption, but also by foreign demand.
Although China's exports ghost mannequin effect rose 3.5% in April from a year earlier after a sharp drop in the first quarter, economists have warned of a reversal in export growth as trading partners cancel orders. The trade dispute with the United States has also added to the uncertainty of international framework conditions. As the U.S. election approaches, the Sino-U.S. trade dispute has a tendency to intensify.
However, Mikko Huotari, director of the Mercator Center for China Studies, stressed that the National People's Congress is not a forum for strategic and diplomatic issues and will not openly discuss conflicts with the United States. The current international tensions affect the NPC session but are not part of its official agenda. This article is reproduced with permission from Deutsche Welle , and the original text is published here Responsible editor: Luo Yuanqi Reviewing editor: Weng Shihang