China Two Sessions 2027 (NPC + CPPCC, dates TBC)
Why it matters
China’s annual legislative sessions set the growth target, fiscal and industrial-policy direction, and defence budget for the year — the single best read on Beijing’s economic course, which drives EU trade exposure, overcapacity pressure and export-control risk.
What to watch
- Exact dates confirmed in late February (NPC typically opens 5 March).
- GDP growth target, fiscal deficit and stimulus signals.
- Industrial-policy and self-sufficiency language bearing on EU overcapacity/trade-defence.
Sources
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