China’s Two Sessions prioritizes industrial upgrades to sustain economic growth

China’s Premier Li Qiang placed the development of “new productive forces,” which means a systematic shift to high-end, smart and clean manufacturing industries, on top of the government’s 2024 agenda, according to his speech at the National People’s Congress opening meeting on March 5. The National People’s Congress, together with the Chinese People’s Political Consultative Conference, are jointly known as… China’s Premier Li Qiang placed the development of “new productive forces,” which means a systematic shift to high-end, smart and clean manufacturing industries, on top of the government’s 2024 agenda, according to his speech at the National People’s Congress opening meeting on March 5. The National People’s Congress, together with the Chinese People’s Political Consultative Conference, are jointly known as… Read More