June 16, 2024

China’s ‘two sessions’ 2024: Beijing vows to stabilise financial market, restore confidence

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China’s finance and commerce ministers, as well as the heads of the People’s Bank of China, National Development and Reform Commission and China Securities Regulatory Commission, face the press on Wednesday during the annual “two sessions” in Beijing.

Li announced on Tuesday China would set an annual gross domestic product growth target of around 5 per cent for 2024, but questions remain on how Beijing will address the problems faced by the world’s second-largest economy, including its property crisis and local government debt woes.

Follow our live coverage of the press conference as it unfolds.

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