Although the transformation of economic structure drags down its growth, China maintains to be the key engine for the gloomy world economic growth in terms of both growth rate and consumption market.
Last year, the world economy entered a new mediocre era. China also put more emphasis on restructuring its economy.
Against the backdrop, topics related to Chinese economy like how to deal with “zombie companies” will be deliberated at the annual sessions of the National People’s Congress and the National Committee of the Chinese People’s Political Consultative Conference.
As focuses of the foreign press, environmental protection and the country’s strategies like “Internet Plus” and “Made in China 2025” will also be on agenda.
“Half of the economy comes from psychology,” an economist was quoted as saying when commenting on China’s economy.
If the idea applies, both the positive signals sent by the two sessions and the country’s good economic fundamentals will cement its confidence in growth.
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