China Now 2021 - The British Chamber of Commerce in China's annual signature conference on China's Lianghui/Two Sessions.
China's annual political meetings, the Chinese People's Political Consultative Congress (CPPCC) and the National People's Congress (NPC) are set to be held on 4th and 5th March respectively, shaping the political and economic agenda for the year ahead. This year's conference also marks the start of the 14th Five-Year Plan, which sheds light on a longer term plan on economic development for China going forward.
Despite the challenges from Covid-19 pandemic, 2020 saw many economic successes for China. China was the only country with a positive GDP growth of 2%; China was the largest recipient of Foreign Direct Investment, with the economy bringing in USD163 billion in inflows (fastest growth rate in five years). Not to mention earlier in the year that China signed a historic Phase I trade deal with the US, and reached a Comprehensive Agreement on Investment (CAI) with the EU.
What is the outlook of 2021 for China domestically and internationally? How does it affect foreign businesses in China? What should businesses look out for? Join CHINA NOW 2021 for a breakdown of the 2021 Lianghui.