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Two Sessions 2021
EconomyChina Economy

Explainer | China ‘two sessions’: what you need to know about the government’s 2021 work report and why it’s important

  • China’s Premier Li Keqiang will deliver the annual government work report to nearly 3,000 delegates of the National People’s Congress in Beijing on Friday
  • Economic and social development are the main elements of the report, while it also includes commentaries on diplomacy and military operations

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China’s Premier Li Keqiang will deliver the annual government work report to nearly 3,000 delegates of the National People’s Congress on Friday in Beijing. Photo: AFP
Frank Tangin Beijing

What is China’s annual government work report?

The government work report is delivered by China’s premier, officially the head of the Chinese government, to the delegates of the National People’s Congress as part of the annual “two sessions” for their review and approval.

It is a ceremonial arrangement as all government work reports in recent history have been approved by close to 100 per cent of the delegates.

However, the report still offers a comprehensive view of the country’s economic and social development in the previous year and, more importantly, lays out general guidelines for government policies for the current year.

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SCMP Explains: The ‘two sessions’ – China’s most important political meetings of the year

SCMP Explains: The ‘two sessions’ – China’s most important political meetings of the year

While economic and social development are the main elements of the report, it also includes commentaries on diplomacy and military operations as well as a few paragraphs on Hong Kong and Taiwan.

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The report is usually the first order of business at the beginning of the annual parliamentary session, which this year will convene at the Great Hall of the People in Beijing on Friday.

What is included in China’s annual government work report?

The key part of the government work report is the disclosure of the various economic targets, including gross domestic product (GDP), the central government’s fiscal deficit ratio, the local government bond issuance quota, as well as the targets for consumer inflation, disposable income, new urban job creation as well as the surveyed urban unemployment rate.
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