China began its most important political event of the year on Thursday after a two-month delay because of the coronavirus pandemic.
The opening of the annual session of the Chinese People’s Political Consultative Conference is a further sign of what the government says is its victory over the outbreak that originated in the central city of Wuhan late last year, The Associated Press (AP) reported.
That will be followed Friday by the opening of the National People’s Congress, the ceremonial parliament, highlighted by a speech from Premier Li Keqiang outlining economic and social goals for the year.
It remains unclear whether Li will issue the usual gross domestic product growth target for the world’s second-largest economy. Given the economic devastation caused by the pandemic, the target GDP will likely be considerably lower than last year’s 6.0% to 6.5%.
Tens of millions of Chinese have been thrown out of work and it’s unclear how many jobs will return after the crisis passes. Not only have domestic production and demand been hammered, but China’s key export markets such as the United States and Europe have also suffered massive job losses and drops in consumption.
