The Chinese Communist Party’s (CCP) 2023 Two Sessions top political meeting started on Saturday, March 4, and is expected to last for two weeks.
The regime has set its 2023 gross domestic product (GDP) target at its lowest level in years. It also announced a 7 percent increase in military spending, its second highest in 5 years.
The regime’s outgoing premier, Li Keqiang, made the last “Government Work Report” during his tenure on March 5 during the meeting, in which this year’s China’s economic growth (GDP) target was set at about 5 percent, lower than expected by the outside world.
2022 was the second-worst year for China’s economy since at least the 1970s—trailing behind only the year 2020 during the height of the COVID-19 pandemic—due to the strict regime’s restrictive “zero-COVID” policy and control measures….