First is the Economy: The Importance of This Year’s Session of the Chinese Parliament
First is the Economy: The Importance of This Year’s Session of the Chinese Parliament

Author(s): Marcin Przychodniak, Damian Wnukowski
Subject(s): Politics, National Economy, Supranational / Global Economy, Economic policy, International relations/trade
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: economy; China; parliament; economic policy; foreign policy; international law; EU market;
Summary/Abstract: The session of the National People’s Congress (NPC) that ended on 28 May focused on improving the economic situation in China. Prime Minister Li Keqiang pointed out the stabilisation of the job market and raising the standard of living of Chinese as the most important goals. NPC decisions regarding Hong Kong and accusations that the U.S. is using the pandemic as a political tool confirm that the PRC sees the problems in the United States and the ongoing presidential campaign there as an opportunity to strengthen China’s international position and divert attention away from its difficult economic situation. The European Union will not, however, tighten its policy towards China because it wants to cooperate with it in solving global problems. The EU will still pursue assertive policy as part of the defence of the EU market and international law.

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