China Two Sessions 2025: Closing Session Held

CGTN Europe

China has signed off on its economic and social strategy as its national legislature concludes its annual session in Beijing.   Spurring economic growth, the rise of artificial intelligence and social welfare have been among the key topics at this year’s week-long Two Sessions.   CGTN’s Jen Copestake has more.   #2025ChinaAgenda #China #Economy

Transcript

00:00Today saw the end, the conclusion of the two sessions where thousands of people

00:04had gathered from around China to set the course for development in the

00:08country in the year ahead. Now in the last week we've heard about the setting

00:12of a growth target of 5% growth in GDP, we've heard about setting targets for

00:17jobs, urban employment, 12 million new jobs. We've heard about the continuing

00:22development of China's modernization through social welfare programs that are

00:26targeting the for the elderly, for the young in China and also plans to

00:30stimulate domestic demand and consumption while stabilizing China's

00:35property market. So another focus of the of the week was undoubtedly technology

00:41that was absolutely a big focus of this year's two sessions. China positioning

00:46itself as a global leader in technology fields from quantum computing to

00:50biotechnology and of course artificial intelligence and robotics. Despite the

00:55challenges that they've faced in the past they said they're planning to grow

00:58new talent, encourage creativity and innovation in the high-tech field to

01:03serve the world in the years to come. We heard plans for the first ever private

01:08sector promotion laws so that will create even more favorable conditions

01:12for the private sector. We also heard about plans to open up and reform for

01:17more foreign investment into China and of course enhancements to environmental

01:21laws. We heard about this new constitution for the environment, the

01:24environmental code during this year's two sessions. So so much in the year 2025

01:29marks also the conclusion 2021 to 2025 is the 14th five-year plan. So we're

01:36going to look forward after this two sessions to the next five-year plan and

01:40this certainly is laying the path for modernization for China in the years

01:44ahead. Jen this can seem rather opaque for outside viewers. You've been watching

01:50the two sessions. What are your impressions? Yes I must say that for me

01:57my biggest impression was actually being in the Great Hall of the People and

02:00seeing the thousands of people who've come together from such diverse walks of

02:04life, different business people, academics on you know entrepreneurs, innovators,

02:09tech giants, CEOs coming together to make plans and proposals for laws in the

02:14country. It's been absolutely fascinating to see this grassroots level democracy

02:18that was taking place. I've never seen anything like it and certainly it's

02:22unique in the world. And for us also visiting some of China's factories we

02:27we've been around before the two sessions to see new electric vehicle

02:31factories including in Guangzhou where we saw GAC Ion's lighthouse factory and

02:35the processes of automation, the green technology that's being employed there

02:39and robotics. We had the chance to travel to Shenzhen to meet with Engine AI who

02:44are developing humanoid robots. So it's certainly an exciting period for

02:48technology, for innovation in China. That's something that I'll definitely

02:51take away from this year's two sessions. For me and all the journalists that I've

02:55spoken to it really has been a highlight to see China leading in these areas in

02:59the world in innovation and technology. So certainly there's a lot to look

03:03forward to in the years ahead.

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