As economy rebounds, China parliament to address long-term pitfalls


Source: upnewsinfo.com upnewsinfo.com

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© Reuters. FILE PHOTO: Worker walks past steel rolls at the Chongqing Iron and Steel plant in Changshou By Kevin Yao BEIJING (Reuters) – China’s annual session of parliament will chart a course for economic recovery and unveil a five-year plan to fend off stagnation, as strategic rivalry with the United States spurs a shift to reliance on consumption and home-grown technology. The National People’s Congress (NPC) opens Friday, when Premier Li Keqiang will deliver the 2021 work report, which for a second consecutive year is not expected to include an explicit economic growth target, sources have said, due to...