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BEIJING- China\u2019s top political advisory body held a press conference in Beijing on Monday a day before the opening of its annual session.\u00a0<\/p>\n
The spokesperson for the third session of the 14th National Committee of the Chinese People’s Political Consultative Conference (CPPCC) briefed media corps on the Asian country\u2019s accomplishments<\/p>\n
Liu Jieyi highlighted China’s achievements, particularly in the economic sector, and outlined plans to advance the country’s industrial framework. \u201cAs long as we face the challenges, be confident, and follow plans of the Central Committee of the Party, the high-quality development will be able to reach new heights.\u201d<\/p>\n
He described 2024 as a critical year for realizing China\u2019s 14th Five-Year Plan (2021\u20132025) goals.\u00a0<\/p>\n
\u201cThe CPPCC National Committee will carry forward our fine traditions, keep in mind our political responsibilities, give full play to the CPPCC’s role as a specialized consultative body, serve the overall picture by focusing on the central tasks,\u201d Liu said.<\/p>\n
He added, \u201cWe will strengthen theoretical and political guidance, actively produce policy advice, and contribute our ideas and strengths to building a great modern socialist country in all respects, and rejuvenating our nation through Chinese modernization.\u201d<\/p>\n
A large number of journalists have signed up to cover the third session of the 14th CPPCC National Committee that will begin on Tuesday.<\/p>\n
The National People\u2019s Congress (NPC), China’s top legislature, will also hold its annual session on Wednesday.<\/p>\n
The annual meetings are known as the Two Sessions.\u00a0<\/p>\n
The 2025 Two Sessions bear considerable importance from two distinct perspectives.<\/p>\n
First of all, it will greatly impact the country\u2019s 15th Five-Year Plan (2026-2030).<\/p>\n
China ranks as the second largest economy globally and has achieved significant advancements in economic, industrial, and technological sectors in recent years.<\/p>\n
Second, this year\u2019s Two Sessions may delineate China’s strategies concerning the trade conflict initiated by the administration of US President Donald Trump.<\/p>\n
Last week, the US president threatened Beijing\u00a0with an extra 10% duty,\u00a0resulting in a cumulative 20% tariff.\u00a0<\/p>\n
China is preparing countermeasures that are set to take effect on Tuesday.<\/p>\n
\u201cChina is studying and formulating relevant countermeasures in response to the US threat of imposing an additional 10% tariff on Chinese products under the pretext of fentanyl,\u201d according to Global Times.<\/p>\n
Citing an anonymous source, the report added, \u201cThe countermeasures will likely include both tariffs and a series of non-tariff measures, and US agricultural and food products will most likely be listed.\u201d\u00a0<\/p>\n
The United States has traditionally been vulnerable to China’s emphasis on its agricultural exports during times of trade conflicts. This indicates that China possesses its own means of countering the US trade war. The decision now rests with the United States regarding whether it wishes to extend the trade war or address its issues with China through negotiations.\u00a0
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