Investors track key political events in China for word on GDP growth target and national security policy

INVESTORS are looking to two of China’s biggest political events in March for “pro-growth” policies that will reignite the market, given that a rally that greeted Chinese markets at the start of 2023 is running out of steam.

The major annual political meetings in Beijing, involving the top political advisory body and the national legislature, will be the first since President Xi Jinping consolidated his power in October 2022. Commonly known as the “two sessions”, the meetings will shed light on the government’s priorities and plans for the year.

Beijing’s official gross domestic product growth target for 2023 will be closely watched.