Parilitary Police march at Tiananmen Square in front of the Great People Hall before the closing ceremony of the Chinese political consultation conference (CPPCC) in Beijing on March 12, 2009. CPPC CPPC CPPC CPPC CPPC CPPC CPPC.
Peter Parks AFP Getty images
Chinese leadership will start on Tuesday's annual parliamentary meeting, outlining economics aimed at achieving the expected goal of growth by 5%, even as a large tariff threats.
Thousands of delegates throughout the country Gathered in Beijing at the largest political event in this country, known as “two sessions”.
A very anticipated event, consisting of two parallel sets of meetings, will begin with the opening of the Chinese political consultation conference, the highest advisory body, at 15.00 local time (2 am ET) in the Great Hall of the People in Beijing.
During the opening ceremony, CPPCC members will review and approval of the program of the upcoming meeting and listen to the report from the work of the chairman of the Wang Huning committee.
The meeting of the National Congress of the Congress is to open on Wednesday.
As part of the NPC meeting, investors will closely monitor the government's work report, provided by the Chinese premiere Li Qiang on Wednesday, where decision -makers are expected to set the economic growth to “about 5%”, while raising budget budget goals to 4% of the gross domestic product with 3% last year.
It is also expected that the leaders will revise their annual purpose of consumer price inflation to about 2%, the lowest level in over two decades.
A weekly event, which will end on March 10, usually takes place a press conference with the Minister of Foreign Affairs and the heads of economic departments.
The meeting coincides with the plans of the US President Donald Trump to double their new tariffs to Chinese imports up to 20%, from Tuesday, compared to the country's role in the flow of fentanyl.
On Tuesday, the Ministry of Trade He repeated that Beijing “rejects” Additional tariffs and promised to take the remedies the day after the Chinese supported by the Media Global Times reported that Officials are considering retaliation tariffs on American agricultural and food products.