China announced its new state leadership today, with only a few surprises. The most interesting “statement” however, was that in all government-issued organizational charts, Vice President Wang Qishan is ranked as the number two in the government, ahead of Premier Li Keqiang. Totally unprecedentedRead More
Significant restructuring of the government was announced this week at the National People’s Congress (NPC); biggest reform since former Premier Zhu Rongji’s in 1998. Eight ministries and seven commissions were eliminated or streamlined to create 26. This structure reflects President Xi’s priorities, allows for better coordination, and reduces turf wars.Read More
The 13th session of the National People’s Congress (NPC)—China’s nearly 3,000-delegate parliament—began on Monday, March 5th with an address from Premier Li Keqiang about the state of the economy. In it, he cited a GDP growth target of “about 6.5 percent,” and a commitment to managing macro-level financial risks.Read More
Each March, the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC) convene to approve the work plans for the next year in what is commonly known as the “Two Meetings,” or Lianghui. The NPC annual meeting brings together 2,980 deputies from the provinces, the military, and the central government in Beijing. Given the significant personnel changes over the past five years, almost 75 percent of the delegates will be new.Read More
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