Feature
Letzte Aktualisierung: March 5, 2021
Beijing plans higher research spending
China's government leader Li Keqiang opened this year's plenary session of the Chinese People's Congress in Beijing this morning. The main points are: stronger market economic reforms, accelerating research and development, strengthening smaller businesses, more domestic consumption, expanding the Belt and Road Initiative (BRI). At the same time, China plans to increase its military budget by 6.8 percent this year. That is 0.1 percent more than last year. In addition, Beijing wants to further restrict the leeway of the Hong Kong parliament.
You have to imagine the government's work report as a gigantic mobile that thousands of people have balanced over the past weeks and months. Each political area naturally wants to be mentioned first in order to make it clear that its own topic has the greater weight in each case. So it is a matter of deciding on order of emphasis. Thus, the report, written in clear language, is certainly an insightful reflection of the political situation.
