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Montevideo, April 2nd 2023 - 06:48 UTC

Tag: National People's Congress

  • Friday, March 15th 2019 - 09:04 UTC

    China approves foreign investment law hopefully to improve relations with US

    The National People's Congress voted 2,929 in favor of the law, barely three months after a first draft was debated

    China's rubber-stamp parliament approved a foreign investment law on Friday that was fast-tracked and may serve as an olive branch in trade talks with the United States. The legislation aims to address long-running grievances from foreign businesses, but the US and European chambers of commerce have voiced concerns that they were not given enough time to give their input.

  • Wednesday, March 6th 2019 - 08:20 UTC

    China's National Congress told the economy faces a “tough struggle ahead”

    Li told 3,000 delegates at the National People's Congress that China would aim to deliver nearly 2 trillion Yuan (US$ 298bn) of cuts in taxes and other company fees.

    China's number two leader Li Keqiang has warned the country faces “a tough struggle,” as he laid out plans to prop up the world's second-largest economy. Opening the annual session of China's parliament, he forecast a slower growth of 6% - 6.5% this year, down from a target of around 6.5% in 2018.

  • Monday, March 19th 2018 - 09:03 UTC

    Xi Jinping has his most loyal ally, and head of anti corruption campaign, named vice-president

    Wang, 69, has been mayor of Beijing during the Sars outbreak in 2003, and was executive chair of the city's Olympic committee ahead of the 2008 games.

    China's parliament has endorsed Xi Jinping for a second term and appointed Wang Qishan as his vice-president. The ballot at the National People's Congress unanimously approved Mr Xi while Mr Wang received 2,969 votes in favor and only one against. Wang Qishan was previously in charge of corruption investigations in China.

  • Monday, March 12th 2018 - 09:18 UTC

    China names an emperor for life: how imperialist the change will be?

    Communist Party leaders argue changes to Article 79 of the constitution are necessary because other key positions Xi holds as party chairman

    In the short space of two weeks, China has announced and now voted with near unanimous approval to amend the country’s constitution and give the party state’s powerful leader Xi Jinping a mandate to stay in office indefinitely. On Sunday, a controversial amendment to scrap a two-term limit on the office of the president was approved along with 20 other changes.

  • Monday, February 26th 2018 - 09:32 UTC

    Xi pushing for constitutional reform to stay in office indefinitely

    Xi, 64, has been China’s president since 2013 and is expected to be re-elected at a meeting of the country’s largely rubber-stamp legislature early next month.

    China says it plans to scrap a two-term limit for the country’s president and vice president, a move that could allow Chinese leader Xi Jinping to stay in office indefinitely. Expectations that Xi, China’s most powerful leader since Mao Zedong, was considering staying in office for more than the typical 10 years has been building for some time now. But the outline of amendment proposals announced by state media Sunday, including Article 79, confirmed those changes could soon become a reality.

  • Friday, March 15th 2013 - 06:42 UTC

    China names Li Keqiang as Premier at the helm of world’s second largest economy

    Mr Li speaks fluent English and has a PhD in economics

    China's leaders have named Li Keqiang as premier, placing him at the helm of the world's second-largest economy. Mr Li, who already holds the number two spot in the Communist Party, takes over from Wen Jiabao.