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SCMP Reporter

1. GDP growth target
China’s economy has seen signs of a slowdown, but the big question is just how bad will it be this year?
Analysts expect China to set this year’s gross domestic product growth target at a range between 6.5 and 7 per cent.
This would suggest Beijing might soon roll out more supportive measures to boost growth, the experts say. It would also communicate the government’s higher tolerance for slower growth compared with the breakneck expansion China’s economy has seen over the past three decades.
Last year, the GDP growth target was “around 7 per cent”. The actual 2015 GDP growth rate came in at 6.9 per cent.
READ MORE: Ambitious GDP targets will still dictate Chinese policy, no matter what the cost

2. Military budget
China’s military defence spending will reflect the country’s growing power in the region and the world.
This will also be the first time the military budget is revealed since Beijing announced its massive military reforms last year.
China set its military defence spending to grow at a targeted 10.1 per cent last year – the lowest in five years.
READ MORE: China to announce big increase in defence spending, say analysts

3. Budget deficit
With a proactive fiscal policy to counter economic headwinds, China is expected to further expand its budget deficit to shore up growth.
There have been calls for Beijing to use fiscal policy to spur demand, and the budget deficit figure will give an indication on whether the government will launch more measures such as tax cuts and debt issues to boost investment.
Last year, the government’s fiscal deficit to GDP ratio target was 2.3 per cent, or 1.62 trillion yuan (HK$1.92 trillion).
READ MORE: China’s fresh bank ratio cut points to more monetary easing for economic revival

4. Pollution targets
Every year, China sets targets for reducing emissions of certain air and water pollutants, as well as energy efficiency and carbon intensity targets.
Although emission reduction targets of pollutants have all been met in the past decade, there has been no visible improvement in the country’s air and water quality.
It is expected to see some changes to the indicators this year, and environmental officials have said they will introduce new indicators to directly reflect air and water quality.
A target to cut carbon intensity or usage by at least 3.1 per cent was set last year.
READ MORE: Pollution causes weight gain after just 19 days of exposure, finds new study that used Beijing air

5. Opposing votes on work reports by the Supreme People’s Court and the Supreme People’s Procuratorate
The two reports have drawn the highest number of opposing votes in past years as deputies expressed dissatisfaction over the performance of the judiciary on concerns over corruption.
The results will show the deputies’ expectations of the legal system and the value they place on the government’s efforts in cracking down on internal corruption.
The court’s report received 213 opposing votes, and 284 deputies voted against the procuratorate’s report last year.
READ MORE: China’s top judge says nation must learn from innocent man’s execution


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Smoke billows from chimneys at a chemical factory in Hefei, Anhui province in this March 10, 2010 file photo. China aims to lay off 5-6 million workers from "zombie enterprises" over the next two to three years as part of efforts to curb industrial overcapacity and pollution, two sources with ties to the country's leadership said. REUTERS/Stringer/Files

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These key figures, expected to be unveiled at this year’s parliamentary sessions, will help the world better understand what’s going on in China


These key figures, expected to be unveiled at this year’s parliamentary sessions, will help the world better understand what’s going on in China.


.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}These key figures, expected to be unveiled at this year’s parliamentary sessions, will help the world better understand what’s going on in China

.css-1mniedq{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;}1. GDP growth target

READ MORE: Ambitious GDP targets will still dictate Chinese policy, no matter what the cost

2. Military budget

These key figures, expected to be unveiled at this year’s parliamentary sessions, will help the world better understand what’s going on in China

1. GDP growth target