MERICS China Essentials: China's National People's Congress 2025
This issue of MERICS China Essentials focuses on the National People’s Congress (NPC) which held its annual legislative session in Beijing from March 5 to 11. Katja Drinhausen, Jeroen Groenewegen-Lau, Jacob Gunter and Claus Soong analyzed key developments:
- Beijing is relying on local governments to make consumption kick in
- Beijing bets its seed investment can mobilize private capital for future technologies
- China’s trade retaliation punishes adversaries and spares potential partners
- Beijing adopts a tougher tone towards the Trump administration
