Whither China? Views on China’s Two Sessions
In this lecture, Charlie Parton will discuss the 13th NPC and 19th NCCPC and what their outcomes could mean for UK trade.
Run by former Diplomat Charlie Parton, this talk will discuss China’s 2018 Two Sessions alongside a broader overview of China’s changing political and economic landscape to provide timely analysis of the issues that matter.
China's annual Two Sessions meetings have taken place in early March. 2018 will see the “New Era” declared by Xi Jinping at the 19th Party Congress take shape in new personnel and changes in the structure of governance. At the congress, Xi stressed that improving citizens’ quality of life trumps pure economic growth. The centralisation of power under Xi means that the Party is poised to push forward on reforms necessary to fulfil its ambitious centennial goals, which envision making China a leader in innovation, expanding the middle class, and “fundamentally” improving the environment.
This year’s Two Sessions will see a wave of new appointments for government positions at the central and local levels. These stakeholders will play a key role in implementing Xi’s vision of a strong, healthy, consumer-driven China. Understanding these moves is key to grasping the direction of policy that will impact businesses and others in China in the months and years to come.
The meetings come at a tense time in the US-China relationship, when simmering disputes shelved during the first year of Trump’s administration have begun to boil over in trade actions. This background poses unique risks and has already impacted policy-making in Beijing in areas such as trade, market access, and investment incentives. Guest speaker Charlie Parton will explore what the implications are for the UK and others.