The second session of the 14th National People's Congress (NPC) and the second session of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC) open on March 5 and 4, respectively.

The year 2024 marks the 75th anniversary of the founding of the People's Republic of China and is a crucial year for the realization of the goals and tasks of the 14th Five-Year Plan (2021-25). In such a significant year, what issues are especially worthy of attention at the two sessions?

Economic goals

The development goals for 2024 are expected to be unveiled in the government work report, which will be deliberated at the NPC's annual session. The report usually includes the country's targets on gross domestic product (GDP) growth, inflation, the ratio of deficit to GDP, employment, and foreign trade and investment, among others.

China's provincial-level regions recently unveiled their growth targets for 2024 in government work reports delivered to local people's congresses. Their 2024 GDP growth targets vary from 4.5 percent to 8 percent, with the majority expecting to expand their economy by over 5 percent.

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　　Web editors: Shen Jianqi, Tong Lin