China’s parliament, NPC wraps up Monday

Fri, Mar 10, 2023
By editor
3 MIN READ

Foreign

CHINA’S rubber-stamp parliament, the National People’s Congress (NPC), wraps up on Monday, capping what is expected to be the biggest government reshuffle in a decade after setting a modest target for annual economic growth.

Coming months after President Xi Jinping secured a norm-breaking third term as supreme leader, the sessions will further consolidate his authority and outline key government policy goals.

The 3,000-member NPC is China’s national legislature, and in principle the most powerful state body under the Chinese constitution, although in practice the ruling Communist Party wields more power.

Besides meeting annually to deliberate legislation and appoint government personnel, it oversees the State Council, China’s cabinet.

Its top body, the roughly 170-member NPC Standing Committee, meets more frequently to pass legislation.

The Standing Committee also has the power to amend semiautonomous Hong Kong’s mini-constitution, known as the Basic Law.

The NPC meetings overlap with those of the Chinese People’s Political Consultative Conference (CPPCC), a political advisory body.

Together, the annual meetings are known as the lianghui, or “Two Sessions”, and usually last between one and two weeks.

In the biggest personnel change, Li Qiang is poised to be confirmed as premier after being ranked second in order after Xi when the new seven-member Politburo Standing Committee was revealed at October’s congress of the ruling Communist Party.

Li will make his public debut during a televised media conference on the final day of the session, where he will answer questions that have been submitted in advance.

Several top economic jobs will go to a new crop of Xi loyalists, many with little overseas exposure, replacing an older generation of officials viewed as more reform-minded.

Xi confidant He Lifeng is expected to become vice premier overseeing the economic portfolio, while top state bank official Zhu Hexin is likely to replace Harvard-educated Yi Gang as central bank governor, sources have told Reuters.

The NPC will also appoint top government positions including vice president, NPC chair, vice premiers, state councillors, head of the Supreme Court, and ministers.

China set a modest target for economic growth this year of around 5 per cent, lower than many analysts had expected.

It will boost defence spending by 7.2 per cent this year, slightly outpacing last year’s increase, and pledged “peaceful reunification” with Taiwan as well as resolute steps to oppose Taiwan independence.

China’s science and technology policies should aim to build the country’s strength and self-reliance, while coal will remain key to energy security.

The country will guard against risks among property developers while deepening financial reform and further opening up to foreign investment.? (Reuters/NAN)

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