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China kicks of annual "two sessions" political meeting amid trade war with U.S.

2019-03-04 4 Dailymotion

China has kicked off a major political event amid trade tensions with the U.S.<br />For more on this and other news around the world we turn to our Ro Aram…<br />Aram… what can we expect from the gatherings. <br /><br />Well Mark… this annual event sets out China's political and economic goals for the coming year so it will have a huge impact on both domestic affairs as well as foreign policy.<br /> Around 5,000 delegates from China's top two political parties are gathering in Beijing, as well as President Xi Jinping.<br />On Sunday, the country's political advisory body, known as the CPPCC, kicked off proceedings. <br />This party is mostly comprised of non-political figures who do not have legislative power.<br />From Tuesday China's rubber-stamp parliament, the National People's Congress, will run parallel to that meeting. <br />The whole process is expected to take about two weeks.<br />This year the key agenda will be the economy.<br />Both parties will be trying pass a new foreign investment law designed to ease foreign concerns about China's highly-regulated investment environment.<br />This planned legislation comes amid talks between Beijing and Washington to resolve their trade dispute.<br />The gatherings will also likely address China's slumping economy and a lowered growth forecast is expected to come out. <br />Other agenda items to be discussed include various domestic issues, such as education, medical care and tackling poverty. <br />

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