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Two Sessions 2023 (Lianghui)i

Two Sessions refers to China's annual parliamentary meetings, where the two main political bodies of China - the National People's Congress (NPC) and the National Committee of the Chinese People's Political Consultative Conference (CPPCC) - reveal plans for China's policies involving the economy, military, trade, diplomacy, the environment and more.

This year’s event will be the first after China dropped its three-year-old Covid-19 restrictions. It will see a major reshuffle of top government jobs including the premier. President Xi Jinping, who just secured a ground-breaking third term as party’s leader, is set to secure a third presidential term at the two sessions too.

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Chinese Foreign Minister Qin Gang has made it clear that it is Washington and not Beijing disrupting the world order, while being conciliatory towards Europe in his first major meeting with international media in his new role.

The National Natural Science Foundation of China, under the Ministry of Science and Technology, plans to fund as many as 30 research projects to be conducted over a period of three to four years.

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In this edition of the Global Impact newsletter, we wrap up the events from the ‘two sessions’ and look ahead to what’s next after a busy few days of comings and goings in Beijing.

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The move will provide a clearer chain of command with other benefits such as greater efficiencies, but some ask whether high degree of autonomy will be affected.

Beijing’s latest restructuring plan bolsters ‘party-state’ and continues trend of consolidating party oversight over crucial domains, observers say

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The move ‘turbocharges’ efforts to extend party’s influence in private firms, industry associations and civil society, analyst says.

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The criteria include being 68 or younger and having more than five years of experience in ministerial or provincial leadership roles, according to state media in rare disclosure about nomination and promotion rules.

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NPC deputy Li Dongsheng – founder of electronics giant TCL – is pushing multinationals to embrace globalisation rather than following the current trend toward less interconnectivity.