Li raises the curtain on the annual session of the National People’s Congress with a series of targets for the economy
2-MIN READ2-MIN ListenLaura ZhouPublished: 11:22am, 5 Mar 2026Updated: 11:25am, 5 Mar 2026Beijing laid out a list of priorities for the economy, innovation and the military for this year at the opening session of the National People’s Congress (NPC) at the Great Hall of the People on Thursday.Here are the major takeaways from this year’s government work report and budget report:
A consumer price index increase of around 2 per cent
A fiscal budget deficit of around 4 per cent of GDP
