-
Oil prices surge and stocks sink on fresh inflation worries
-
Alcaraz feeling 'mentally fresh' ahead of Shanghai return
-
AI startup Manus raises $500m after Meta acquisition blocked by China
-
Israel drastically reduces British diplomatic presence in Jerusalem
-
From refuge to repatriations: Malaysia's Myanmar U-turn
-
Stocks fall further as oil surge fans fresh inflation worries
-
Morikawa says LIV players face 'business decision' after Rahm exit
-
North Korea demands South show 'utmost respect' to restore relations
-
Tenzing Norgay's son says Himalayas sending climate warning
-
Saudi says three dead in airport attacks claimed by Houthis
-
On your bike! Bottas opts for two wheels to reach Singapore GP
-
'Mad dream': New showcase for African film opens in London
-
Alcaraz, Sinner, Osaka commit to Australian Open '1 Point Slam'
-
All Blacks coach Rennie says Wallabies exit 'part of the game'
-
Dodgers beat Braves to advance in MLB playoffs, Rays oust Yankees
-
The growing protests against India's poll body - and PM Modi
-
'A sun as black as my lungs': how corruption crucified a polluted Albania city
-
Stocks fall further as oil spike fans fresh inflation worries
-
The British historian helping the French rediscover de Gaulle
-
Bad COP, worse COP? EU tempers hopes for UN climate summit
-
Dodgers beat Braves to advance, Guardians survive in MLB playoffs
-
Rookie Henry named in Wallabies midfield to face All Blacks
-
Latin American, Caribbean women top Nobel literature buzz
-
Housing crisis set to dominate Spain's snap election
-
US says Fiji-based Chinese official paid bribes for Beijing
-
Gas, health care, utilities: high costs squeeze US midterm voters
-
After botched US execution, Christa Pike was nearly taken off life support
-
New Zealand Rugby seeks injunction over PNG Chiefs name
-
Guinea-Bissau junta urges military unit loyal to ex-president to disarm
-
Samsung expects 780% quarterly operating profit jump on AI boom
-
As species decline, green turtles offer glimmer of hope
-
Guardians survive with 9-3 win over White Sox
-
Brothers Scott and Beauden Barrett named to start for All Blacks
-
Saudi Arabia says 3 dead at airports after Houthis claim attacks
-
EU trade chief seeks to dial down China tensions
-
Stocks slide as oil sees volatile trading day over Iran war fears
-
'Never again Bolsonaro': thousands march ahead of Brazil election runoff
-
Microsoft pushes AI vision with new, expensive Surface laptop
-
After botched execution, US woman was nearly taken off life support before revival
-
Five children among 28 killed in Russian strikes on Ukraine
-
Searing AIDS drama 'Elsinore' opens London film festival
-
Odell Beckham Jr signs with Minnesota Vikings
-
Evicted pensioner who sparked Spain housing protests dies: tenant union
-
Saudi Arabia says three dead at airports after Houthis claim attacks
-
Golf star Rahm quitting LIV tour over 'unacceptable' terms
-
Trump plans to turn Florida golf course into presidential retreat
-
Thousands march fearing return of a Bolsonaro presidency in Brazil
-
WHO says cannot conduct full risk assessment on Russia plague reports
-
French PM denies police ordered to confront student protesters
-
After botched execution, US woman is awake and shackled to bed
China's leadership 'confident' economy will improve
China's leadership is confident the economy will improve, an official said Monday, ahead of a key political meeting in which Beijing is expected to unveil one of its most pessimistic growth targets in years.
Armed police and public security workers are ubiquitous on Beijing streets as thousands of delegates descend on the capital for the annual political conclave known as the "Two Sessions".
Front and centre at the meetings will be China's economy, which last year posted some of its lowest growth in decades and is battling a prolonged property sector crisis and soaring youth unemployment.
Tuesday's opening of the National People's Congress is expected to see Premier Li Qiang announce that growth in 2024 will stay largely flat, at around five percent.
But at a Monday press conference, NPC spokesperson Lou Qinjian struck a bullish tone.
China's leaders, he said, had "ample confidence" that the economy would rebound, adding the country has "more favourable conditions than challenges in its economic development".
"The underlying trend of a rebound in the economy and long-term growth remains unchanged."
But in a break with decades-long tradition, he said Premier Li would not be holding a press conference at the end of the NPC meeting next Monday.
Long a rare opportunity for international media to question China's top leaders directly -- with usually pre-approved questions -- Li had used last year's briefing to warn that Beijing's modest growth goals would be "no easy task".
And in 2020, his late predecessor Li Keqiang admitted that 600 million people in China were still living on just 1,000 yuan ($139) a month -- a break from China's official claims to have defeated poverty.
There was also no mention of a press conference with the foreign minister -- currently Wang Yi -- which normally takes place a few days into the NPC meeting.
Lou on Monday also addressed China's hope for this year's presidential election in the United States, with which it has clashed in recent years on flashpoint issues from technology and trade to human rights.
Americans go to the polls this November in an election that will likely pit former leader Donald Trump against President Joe Biden.
"No matter who becomes the president, we hope that the United States can work in the same direction with China and work for a stable, healthy and sustainable China-US relationship," he said.
- Focus on economy -
China's "Two Sessions" officially kick off Monday at 3 pm (0700 GMT) with the opening ceremony of the Chinese People's Political Consultative Conference (CPPCC) -- attended by President Xi Jinping and other party top brass -- which will last until Sunday, March 10.
Monday's CPPCC is relatively low-stakes compared with the near-simultaneous gathering of the NPC.
At a press conference on Sunday, CPPCC spokesperson Liu Jieyi said that "economic topics" would be "of great concern" to the body's more than two thousand members.
This week's meetings are not expected to see the unveiling of big-ticket bailouts that experts say are needed to stimulate China's economy.
Beijing is also set to double down on national security, with analysts expecting it to increase its military budget, second only to the United States.
China revised a law dramatically expanding its definition of espionage last year and conducted raids on a string of big-name consulting, research and due diligence firms.
The legislature's top body also approved a broad and vaguely worded revision to the country's state secrets law in the run-up to the NPC meeting.
Lynette Ong, a professor at the University of Toronto, told AFP there would "be continued emphasis on security".
"I don't expect any major policy change such as important structural reforms that will change the course of economic trajectory," she added.
On paper, the NPC wields little actual power.
All major decisions will have been made weeks before in closed-door meetings of the Communist Party, far from the international media's cameras.
But the topics that are up for discussion and the tone of the speeches allow for key insights into what's keeping China's rulers up at night, analysts say.
"Balancing security with the need to keep the economy ticking over while other issues are worked out is at the centre of policymaker's minds," said Diana Choyleva, chief economist at Enodo Economics.
S.Pimentel--PC