China Two Sessions (NPC and CPPCC) 2028
Why it matters
The Two Sessions set China’s growth target, fiscal stance and industrial priorities for the year — the single densest read on the policy direction EU trade and overcapacity exposure hangs on.
What to watch
- GDP growth target, fiscal deficit ratio and special-bond quotas.
- Industrial-policy language on chips, EVs, AI and overcapacity sectors.
- Signals on consumption stimulus versus export reliance.
Sources
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