China's NPC to Discuss AI, Economic Targets Amid Trade Tensions

As China convenes the National People's Congress and the Chinese People's Political Consultative Conference, the focus is on addressing economic challenges and harnessing artificial intelligence. Nearly 2,900 delegates are in attendance, with Premier Li Qiang expected to announce a modest economic growth target of around 5%, amidst issues like sluggish consumption and escalating trade tensions with the United States. Beijing's recent imposition of tariffs on U.S. farm products follows the U.S. increasing tariffs on Chinese goods, indicating a deepening trade conflict. The government's strategy includes leveraging technological advancements, particularly the newly unveiled DeepSeek AI model, to drive economic recovery. Policymakers are also expected to discuss measures aimed at bolstering private enterprises and enhancing market conditions. Overall, these sessions signal a commitment to navigating both domestic and international uncertainties through a combination of economic stimulus and technological innovation.