CHINA'S leaders on Monday wrapped up a weeklong key conclave at which they admitted more was needed to revive a sluggish economy battered by an ailing housing market, poor domestic demand and record-high youth unemployment.
Top officials have been upfront about the myriad challenges China is facing, admitting that a modest five percent growth goal will not be easy and that "hidden risks" are dragging the economy down. But they have supplied few details about how they plan to tackle the problems.
Officials have also moved to strengthen powers to deal with threats to their rule and tightened a veil of secrecy around policymaking, scrapping a traditional annual press conference and vowing to include national security provisions in a raft of new laws.
Delegates to the National People's Congress (NPC), China's parliament, including leader Xi Jinping, gathered at Beijing's Great Hall of the People to rubber-stamp legislation at 3:00 pm local time (0700 GMT) as the conclave came to an end.
This story is from the March 12, 2024 edition of The Morning Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the March 12, 2024 edition of The Morning Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Early Poll Results Show EU Electing Far Right Candidates To Parliament
Europe lawmakers have a say in issues from financial rules to climate and agriculture policy
East Delhi BJP MP Takes Oath As MoS In NDA Govt
Harsh Malhotra is the only MP from Delhi to get a place in Modi govt
Capital Records Maximum Of 42.5°c, Heatwave Forecast For 4 Days From Today
THE national capital on Sunday recorded a maximum temperature of 42.5 degrees Celsius, 2.5 notches above the season's average, according to the India Meteorological Department.
3 From Northeast Named, New Face Pabitra Margherita A Surprise Pick In Modi 3.0
THREE BJP leaders from the Northeast were inducted into Prime Minister Narendra Modi-led NDA government at the Centre on Sunday.
Gurpreet to lead India in key meeting vs Qatar
INDIA'S first-choice goalkeeper Gurpreet Singh Sandhu was on Sunday named the captain of the team for the must-win 2026 FIFA World Cup qualifying match against Qatar here.
Pak pitch it to perfection
On a surface that was holding a little, Indian batters struggle to marry intent with execution
New central excise bill may lead to reduction in compliance burden
THE new central excise bill 2024, proposed by the central government, aims to streamline the excise law by incorporating the CENVAT Credit provisions, which were previously governed by a separate delegated legislation.
Iran allows 6 to contest for presidential polls, rejects Ahmadinejad's election bid
IRAN on Sunday announced the six candidates, mostly conservatives, approved for the June 28 election to replace president Ebrahim Raisi, who was killed in a helicopter crash.
Kyiv uses US weapons to halt Russia advance on Kharkiv, Jake says
US President Joe Biden's national security adviser said on Sunday that Russia's advance on Ukraine's Kharkiv \"has stalled\", after Washington partially lifted restrictions on using US-donated weapons to strike inside Russia.
Despite loss, Raj shows Delhi clout
No BJP clean sweep in the desert state this time as the party won 14 against total 25 seats