The economy and AI likely to be among the top issues as China’s legislature meets

(4 Mar 2025)
RESTRICTION SUMMARY:

ASSOCIATED PRESS
Beijing, China – 4 March 2025
1. Various exteriors of the Great Hall of the People
2. Wide of news conference
3. Mid of reporters
4. Close of reporters taking pictures
5. SOUNDBITE (Mandarin) Lou Qinjian, spokesman for the National People’s Congress:
“Undoubtedly, the adverse effects brought by the external environment have deepened, and the economic operation still faces many difficulties and challenges. Internationally, the increasing uncertainty in the world economy and politics has made it more challenging to stabilize external demand. Domestically, there is insufficient demand and some enterprises are facing difficulties in production and operation.”
6. Mid of reporter asking question
7. SOUNDBITE (Mandarin) Lou Qinjian, spokesman for the National People’s Congress:
“The Chinese economy has a stable foundation, multiple advantages, strong resilience and great potential. The supporting conditions and basic trends for long-term improvement have not changed.”
8. Wide of news conference
9. Mid of reporters
10. SOUNDBITE (Mandarin) Lou Qinjian, spokesman for the National People’s Congress:
“As two major countries with different national conditions, China and the United States have inevitable differences. The key is to respect each other’s core interests and major concerns and find appropriate solutions to the problems. We are willing to resolve our respective concerns with the U.S. through dialogue and consultation on the basis of mutual respect, equal treatment and reciprocity. However, we will never accept pressure or threats and will resolutely safeguard our national sovereignty, security and development interests.”
11. Wide of news conference
12. Mid of reporter asking question
13. SOUNDBITE (Mandarin) Lou Qinjian, spokesman for the National People’s Congress:
“Artificial intelligence has greatly enhanced human ability to understand and transform the world, and is an important driving force for the new round of technological revolution and industrial transformation, which will inevitably have an impact on production relations. It cannot be denied that the development of artificial intelligence technology is also accompanied by a series of unpredictable risks and challenges, bringing numerous new issues in areas such as safety, social governance and ethics. The Chinese government attaches great importance to the development of artificial intelligence technology and risk prevention.”
14. Various of Tiananmen Square
STORYLINE:
Harnessing the power of AI and shoring up the economy are among the issues expected to top the agenda when China’s legislature meets Wednesday in Beijing.

Almost 2,900 delegates have arrived in Beijing for the annual session of the National People’s Congress. At the same time, the Chinese People’s Political Consultative Conference convened Tuesday. It is a an advisory body of business leaders, athletes and academics. The two bodies’ concurrent meetings are known as the Two Sessions.

The weeklong parliamentary session, though largely ceremonial, helps to signal government priorities for the year. China’s premier is expected to announce an economic growth target of around 5%, in line with the past couple of years.

The meetings come as China’s economy struggles with slow consumption, a lengthy property crisis, ballooning government debt and a possible renewed trade war with the United States.

The government is expected to announce some measures to boost consumption such as increasing the deficit ratio from 3% to 4%, though massive stimulus is unlikely.

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