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Letzte Aktualisierung: March 7, 2022

Li's priorities: growth, domestic market, high-tech

On Saturday, China's Premier Li Keqiang presented his work report. The general focus of China's policy for the next twelve months is clear: more market economy and innovation with lower taxes. The focus is also on improving the education system. In addition, regions are to be assigned more budgetary responsibility, while the central government is to compensate for regional imbalances. Domestic consumption and international trade are to be strengthened in the meantime.
Frank Sieren
Frank Sieren
The order in which the topics in the government work report presented by Premier Li Keqiang are addressed says a lot about the government's priorities for the coming year. The report's structure also reflects China's balance of power. The influence of different policy areas is balanced with the concerns of the people, to which the government must respond to maintain social stability. The rule here is that the most important things come first.
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