Why the world keeps close eye on China's "two sessions"



As national lawmakers and political advisors are gathering for the "two sessions," the world is keeping a close eye on how China's annual political event will guide and influence the country's development for the years ahead.

This year's gathering, which has returned to the regular March schedule after last year's postponement due to the COVID-19 pandemic, takes on special importance. China, a country with a population of 1.4 billion, has just declared a complete victory in eradicating absolute poverty, and will embark on a new journey with the next five-year plan.

During the "two sessions," lawmakers will discuss the economic and social development plan for the 2021-2025 period as well as the long-range objectives through the year 2035. The blueprint that will guide China's development has attracted much global attention.

In the coming years, China will move faster to pursue a new development pattern featuring "dual circulation," where the internal and external markets can reinforce each other, with the domestic market as the mainstay.

In this process, the world community expects China can give full play to the advantage of its super-large market and continue to expand it by boosting domestic consumption. Beijing's firm commitment to greater opening-up means more dynamics and benefits for the global economic recovery and sustainable growth.

The world economy is struggling with a deep recession under the shadow of the pandemic. As the virus is still spreading, the road to recovery will be long and highly uncertain.

China has largely brought the pandemic under control and became the only major economy with positive growth last year, and that will give more certainties and possibilities to the world in this stormy moment.

Global investors have cast their votes of confidence in the Chinese market. According to the United Nations (UN) Investment Trends Monitor report in January, global foreign direct investment in 2020 has slumped by 42 percent from 1.5 trillion U.S. dollars in 2019, while China saw a 4-percent increase in this field in the same year.

"The most attractive market among global markets is China's domestic market," said Kiyoyuki Seguchi, research director at Japan's Canon Institute for Global Studies. "This is a consensus not only among Japanese companies, but also among world-class companies."

As the global fight against poverty has also been beset by the pandemic, many countries are looking to draw inspirations from China in this regard, and to learn more about China's plan for the next stage of development through the "two sessions."

Poverty has long been a hard nut to crack for the world, and the pandemic makes the problem all the more difficult to solve. According to the latest UN World Economic Situation and Prospects, job and income losses have pushed an estimated 131 million more people into poverty in 2020.

China, however, did not give up on delivering its promise to end absolute poverty in the country in the face of the pandemic. Last year, all of the country's nearly 100 million impoverished rural residents living below the current poverty line cast off poverty after eight years' efforts, achieving the UN poverty reduction goal a decade in advance.

By doing so, China has blazed a poverty reduction path and formed an anti-poverty theory with Chinese characteristics. It has also set an example for many other developing countries facing similar challenges.

In the next five years, China will continue to promote multilateralism and build an open world economy with its global partners so as to boost common development.

Last year, China signed the Regional Comprehensive Economic Partnership free trade deal with 14 other countries, and concluded negotiations for an investment agreement with the European Union. Those achievements were truly hard-won against the backdrop of a raging outbreak and rising tide of isolationism and protectionism.

The "two sessions" will show the world China's continued commitment to greater openness and closer cooperation on the world stage. China has been a valuable partner, Serbian legislator Zarko Obradovic said, noting that China has shared development achievements through the Belt and Road Initiative and others.

The global community has been overshadowed by a prolonged pandemic and slow recovery for quite some time. It is hoped that those around the world who are searching for ways to get back on their feet can find in China confidence, new impetus and inspirations, and press forward.


随着各国议员和政治顾问聚集在“两会”上,世界正密切关注中国的年度政治活动将如何指导和影响该国未来几年的发展。


今年的集会具有特殊的重要性,它在去年因新冠肺炎大流行而推迟之后,又回到了三月份的正常日程。拥有14亿人口的中国刚刚宣布在消除绝对贫困方面取得彻底胜利,并将随着下一个五年计划踏上新的征程。


在“两会”期间,议员们将讨论2021-2025年期间的经济和社会发展计划以及到2035年的长期目标。指导中国发展的蓝图引起了全球的广泛关注。


未来几年,中国将加快推进“双循环”发展新格局,内外市场相互促进,国内市场为主体。


在这个过程中,国际社会希望中国能够充分发挥其超大市场的优势,通过拉动国内消费来继续扩大市场。北京对扩大开放的坚定承诺意味着全球经济复苏和可持续增长的更多动力和利益。


在大流行的阴影下,世界经济正在与深度衰退作斗争。由于病毒仍在传播,恢复的道路将是漫长和高度不确定的。


中国已经在很大程度上控制了疫情,并成为去年唯一一个正增长的主要经济体,这将在这个暴风雨的时刻给世界带来更多的确定性和可能性。


全球投资者对中国市场投下了信任票。根据联合国(UN)1月份的投资趋势监测报告,2020年全球外国直接投资从2019年的1.5万亿美元下降了42%,而中国同年在这一领域的投资增长了4%。


“在全球市场中,最有吸引力的市场是中国国内市场,”日本佳能全球研究所研究主任小渊惠三(Kiyoyuki Seguchi)表示。“这不仅是日本企业的共识,也是世界级企业的共识。”


由于全球抗击贫困的斗争也受到这一流行病的困扰,许多国家希望从中国获得这方面的启示,并通过“两会”了解更多关于中国下一阶段发展的计划。


贫困长期以来一直是世界上的一个难题,这种流行病使这个问题更加难以解决。根据最新的联合国《世界经济形势与展望》,2020年,工作和收入损失导致估计1.31亿人陷入贫困。


然而,面对这一流行病,中国并没有放弃兑现其消除国内绝对贫困的承诺。去年,该国近1亿生活在当前贫困线以下的贫困农村居民经过八年的努力摆脱了贫困,提前十年实现了联合国减贫目标。


通过这样做,中国开辟了一条减贫道路,形成了中国特色的反贫困理论。它也为面临类似挑战的许多其他发展中国家树立了榜样。


未来五年,中国将继续推进多边主义,与全球伙伴一道建设开放的世界经济,促进共同发展。


去年,中国与其他14个国家签署了区域全面经济伙伴关系自由贸易协定,并完成了与欧盟的投资协定谈判。在孤立主义和保护主义肆虐和高涨的背景下,这些成就来之不易。


“两会”将向世界展示中国在世界舞台上继续致力于更大的开放和更密切的合作。塞尔维亚议员扎科·奥布拉多维奇说,中国一直是一个宝贵的伙伴,他指出,中国通过“一带一路”倡议和其他倡议分享了发展成就。


一段时间以来,全球社会一直被一场旷日持久的流行病和缓慢的复苏蒙上阴影。希望世界各地正在寻找重新站起来的方法的人能够在中国找到信心、新的动力和灵感,并向前迈进。


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