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      A-Z of 'two sessions' talking points(2)

      2015-03-03 08:36 Xinhua Web Editor: Gu Liping
      1

      The concept includes comprehensively building a moderately prosperous society, deepening reform, advancing the rule of law and strictly governing the Party. The concept, drawing widespread attention from home and abroad, is expected to be the main theme of the legislative session.

      G|GDP

      At the opening meeting of the NPC session on Thursday, Li Keqiang will reveal this year's GDP target when delivering the government work report. It is the subject of much anticipation at home and abroad. Most Chinese provinces lowered their GDP targets for 2015 at previous local legislative sessions.

      H|Hong Kong

      2014 was an eventful year for Hong Kong. The Shanghai-Hong Kong Stock Connect program kicked off trading. Guangdong and Hong Kong liberalized their service trade, and the Guangdong free trade zone (FTZ) was approved.

      Meanwhile, the illegal "occupy" protest movement negatively impacted Hong Kong's development and reform to its political system, according to Chinese leaders. Differences of opinion between people from the mainland and Hong Kong have surged.

      I|Innovation

      Innovation is an engine to China's development, and reform an ignitor to the engine. As the economy enters a "new normal", and growth slows, China's economy will rely more on innovation to drive its growth.

      J|Jobs

      The number of jobs forecast to be created this year will be revealed at the annual legislative session. In the past two years, despite an economic slowdown, the number of newly-created jobs has increased steadily.

      China is promoting employment through encouraging business start-ups, cutting red tape and delegating power to lower-level governments.

      K|Key Policies

      China's fiscal and monetary policies in 2015 under the circumstances of slowed economic growth are the key focus of the two sessions.

      L|Law

      2015 has been defined by the Chinese leadership as "the first year of comprehensively promoting the rule of law". The two sessions are expected to address legal and judicial aspects in detail: for example, a bill to amend the Legislation Law.

      M|Military

      China's military expenditure will definitely become one of the most discussed topics during the two sessions in Western media. The question China faces is how to build and manage a stronger army in new conditions.

      N|New Normal

      "New normal" is a buzz word in 2014 and it will be the first appearance of the word at the two sessions since it became a guideline for Chinese leaders in economic policy-making.

      O|Opening up

      China became a net foreign investor for the first time in 2014. However, foreign capital still plays a vital role in the Chinese economy, especially in improving the quality and efficiency of growth and in driving innovation. In 2015, China will further open up its service sector, guided by experience distilled from the Shanghai Free Trade Zone.

      P|Pollution

      Premier Li Keqiang made powerful remarks at the parliamentary sessions last year, calling for a "decisive battle" against pollution. A poll has showed that pollution control and environmental protection remains one of the biggest areas of public concern ahead of the two sessions.

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