Takeaways from China’s national congress opening and 5-year blueprint


Source: apnews.com apnews.com
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BEIJING (AP) — China on Thursday set its lowest economic growth target since 1991 at the opening of its annual national congress, in what some economists interpreted as a reflection of pragmatism as a weak domestic economy bites. Beijing also released the full draft of its five-year plan up to 2030 outlining its economic and political policy priorities, with a focus on boosting self-reliance in areas like artificial intelligence, robotics and other advanced technologies as China’s rivalry with the U.S. heats up. The weeklong congress is expected to approve the five-year plan in coming days. Here are the key takeaways…