CKGSB website

CKGSB Knowledge

A quick guide to some of the hottest topics that came up during the 2015 Lianghui, the two annual meetings that set the agenda for the Chinese economy.

It’s that time of the year again when the movers and shakers of China’s political and economic machinery descend upon Beijing for Lianghui, or the two meetings of the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC). These two meetings are practically the most watched events in China throughout the year. During the two meetings, China’s premier releases an annual report unveiling figures like the annual GDP growth target which has been set at 7% for 2015.

Policy announcements made during the two meetings always make headline news. The NPC, being China’s top legislative body, has the power to amend the Constitution while the CPPCC acts as the top policymaking body since the foundation of the “New China” in 1949.

We put together a list of some of the hottest buzzwords that have come up in this year’s Lianghui (the NPC meetings end on 15th March and CPPCC’s meetings end on the 13th).

Lianghui Buzzwords

You may also like

Tourism Turnaround

Tourism both in China and internationally has struggled due to the pandemic, but strong demand for travel remains.

by James Liang | Nov. 9 2022

Diamonds are Forever

Shifting demographics within China’s luxury market offer new opportunities for local and international brands.

by Patrick Body | Nov. 8 2022

Muted Optimism

CKGSB’s Business Conditions Index, reflecting confidence levels in China business, reveals some small signs of improvement.

by Li Wei | Nov. 8 2022

China’s Got Talent

A greater proportion of Chinese students studying abroad are returning home, but how will they fare in a saturated job market.

by Mable-Ann Chang | Nov. 7 2022