Group 1 - The key agenda for the upcoming "Two Sessions" includes the review of core reports such as the government work report, plan and budget report, and the work report of the Standing Committee of the National People's Congress [3][4][49] - Important news conferences during the "Two Sessions" will provide insights into policy deployments, with specific sessions scheduled for economic, diplomatic, and livelihood themes [3][4][11] - Discussions related to the "14th Five-Year Plan" will be a focal point, with the government work report mentioning its implementation and subsequent deliberations by representatives [3][12][50] Group 2 - The national GDP growth target for 2026 is expected to be set at around 5%, slightly lower than the 5.3% target for 2025, reflecting a pragmatic approach to economic work [4][14][51] - The CPI target for 2026 is likely to remain around 2%, aligning with the current economic pace and aiming for moderate inflation [5][19][52] Group 3 - Fiscal policy will focus on enhancing efficiency, with expectations of maintaining a deficit rate around 4% and increasing the scale of local government special bonds and long-term special bonds to 5.5 trillion yuan and 2 trillion yuan respectively [6][24][27] - Monetary policy is anticipated to maintain a moderately loose stance, emphasizing liquidity support and precise structural support, while also focusing on fiscal coordination and expectation management [6][33][39] - Expanding domestic demand and promoting consumption will remain a primary task, with various departments implementing measures to stimulate service consumption and activate private investment [7][45][53]

Agenda Focus - The key agenda for the upcoming "Two Sessions" includes the review of the government work report, economic work plan, and budget draft, with significant dates set for March 5, 8, and 11, 2026[1] - Discussions on the "14th Five-Year Plan" will be a major focus, with the full text expected to be released on March 12, 2026[2] Economic Indicators - The weighted GDP growth target for 2026 across 31 provinces is set at 5%, slightly lower than the 5.3% target for 2025, reflecting a pragmatic approach to economic work[3] - The national CPI target for 2026 is likely to remain around 2%, aligning with current economic conditions and aiming for moderate inflation[4] Policy Focus - Fiscal policy is expected to emphasize efficiency, with a projected budget deficit rate maintained at around 4% and local government special bond issuance increasing to approximately CNY 5.5 trillion[5] - The monetary policy is anticipated to maintain a moderately loose stance, focusing on liquidity support and structural precision in financial assistance[6] Consumer Demand - Expanding domestic demand and promoting consumption remain top priorities, with policies shifting towards a balance of goods and service consumption[7] - Recent initiatives include the introduction of personal credit repair policies and collaborative efforts among various departments to stimulate consumption and investment[8]

Agenda Focus - The key agenda for the upcoming "Two Sessions" includes the review of core reports such as the government work report and budget report, with significant dates being March 5 for the government work report and March 11 for the closing session[1] - Discussions on the "14th Five-Year Plan" will be a major focus, with the government work report referencing its implementation on March 5 and further deliberations scheduled for March 11[2] Economic Indicators - The weighted GDP growth target for 2026 across 31 provinces is set at 5%, slightly lower than the 5.3% target for 2025, reflecting a pragmatic approach to economic work[3] - The national CPI target for 2026 is expected to remain around 2%, aligning with current economic conditions and aiming for moderate inflation[4] Policy Focus - Fiscal policy is anticipated to emphasize efficiency, with a projected deficit rate maintained at around 4% and special local government bonds expected to increase to CNY 5.5 trillion[5] - The primary task remains to expand domestic demand and promote consumption, with various departments focusing on service consumption and financial support for innovation[6]

Group 1 - The key agenda items for the upcoming "Two Sessions" include the review of core reports such as the government work report, economic work plan, and budget report, with significant discussions expected around the "14th Five-Year Plan" [3][12][49] - The "Two Sessions" will also feature important news conferences that provide insights into policy deployments, with specific sessions scheduled for economic, diplomatic, and livelihood themes [3][11][49] - The discussions surrounding the "14th Five-Year Plan" will be a focal point, with the government work report expected to reference its implementation and subsequent deliberations by representatives [3][12][50] Group 2 - The national GDP growth target for 2026 is anticipated to be set at around 5%, slightly lower than the 5.3% target for 2025, reflecting a pragmatic approach to economic work [4][14][51] - The 2026 national CPI target is likely to remain around 2%, aligning with current economic conditions and aiming for moderate inflation [5][19][52] - The setting of economic growth targets may adopt a range approach, similar to previous years, to maintain basic growth while aligning with the correct performance outlook [4][17][51] Group 3 - Fiscal policy is expected to focus on enhancing efficiency, with a projected budget deficit rate of around 4% and an increase in local government special bond issuance to approximately 5.5 trillion yuan [6][24][52] - Monetary policy is likely to maintain a moderately accommodative stance, emphasizing liquidity support and precise structural assistance, while also focusing on fiscal coordination and expectation management [6][33][39] - Expanding domestic demand and promoting consumption will remain a primary task, with various departments implementing measures to stimulate service consumption and support innovation [7][45][52]