The 2020 annual meetings of the National People's Congress and the Chinese People's Political Consultative Conference, widely known as the Two Sessions, are scheduled to take place from 21 to 28 May in Beijing
2020 is set to be a very challenging year for the world due to the Covid-19 pandemic, and the disruption will likely continue for some time before the situation becomes better. Economic activities have been interrupted on a massive scale due to the pandemic, resulting in an unprecedented downturn in the global economy. Naturally China is no exception, with its GDP in the first quarter of 2020 recording negative growth for the first time since 1992.
Facing this exceptionally difficult environment, the Central Government has implemented a number of economic and financial measures to re-start the economy while, at the same time, continuing to tackle the epidemic. While the Covid-19 pandemic is absorbing tremendous energy of the country, the Central Government, led by President Xi Jinping, remains focused on its goal to eradicate poverty within 2020. The Central Government has also implemented policy measures to ensure people's livelihoods will return to normal as soon as possible, and to boost domestic consumption.
To learn about China's latest strategies to deal with the challenges of 2020, we have invited Anthony Wu, Former HKGCC Chairman, Member of the Standing Committee of the CPPCC National Committee; Stanley Hui, Member of the Chamber's General Committee, Member of the CPPCC National Committee; and Nick Chan, Vice Chairman of the Chamber's Legal Committee, Hong Kong Deputy to National People's Congress; to speak at a webinar on 5 June. They will share with us first-hand information from their attendance at the Two Sessions as well as their insights into the upcoming development strategies. The event will be moderated by Jeffrey Lam, Chamber LegCo Representative, Member of the CPPCC National Committee and Vice Chairman of the Committee for Liaison with Hong Kong, Macao, Taiwan and Overseas Chinese.