The 14th National People's Congress (NPC), China's top legislature, on Tuesday concluded its third annual session.
President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, and other Chinese leaders attended the closing meeting held at the Great Hall of the People in Beijing.
Li Hongzhong, vice chairman of the NPC Standing Committee, delivered a speech at the meeting.
At the meeting, NPC deputies passed the resolutions on the government work report, and the work reports of the NPC Standing Committee, the Supreme People's Court and the Supreme People's Procuratorate, as well as an amendment to the Law on Deputies to the National People's Congress and to the Local People's Congresses at Various Levels.
They also passed the resolutions on the implementation of the 2024 plan for national economic and social development and the plan for 2025, and on the implementation of the central and local budgets in 2024 and the budgets for 2025.
The deputies approved the national economic and social development plan for 2025 and the central budget for 2025.
The NPC is China's highest organ of power through which the Chinese people exercise their state power. It focuses on major national-level political and socioeconomic development issues.
This year's session of the NPC opened on March 5.
National People's Congress closes annual session
National People's Congress closes annual session
Spanish students have expressed their expectation that a healthy China-U.S. economic and trade relationship will inject greater stability into the global economy and create greater opportunities for Spain.
On Sunday, Chinese and U.S. delegations convened in Paris, France for talks on economic and trade issues. Guided by the consensus reached by the two heads of state in Busan and their subsequent phone talks, the two sides will conduct consultations on economic and trade matters of mutual concern.
Ahead of the talks, members of the public in Madrid, Spain, shared their views on China–U.S. economic and trade relations with China Media Group (CMG). They agreed that reaching an agreement between the world’s two largest economies would have a direct impact on the global landscape.
"They are the two countries that contribute the most economically, in a manner of speaking, to the rest of the countries. They are major importers and exporters. So I think that a satisfactory relationship between them can be very beneficial for all other countries," said Claudia, an engineering student.
Noting that both sides are important trading partners of Spain, the interviewees stated that a healthy, stable and sustainable China-U.S. economic and trade relationship also affects various aspects of the Spanish society, and that agreements between the two countries would help promote Spain's economic growth.
"I do think that it could have a certain effect on the Spanish economy, both in terms of prices, and I would dare say employment as well. Because I think that if those two great powers reach an agreement, Spain could also get in on the action. It would create quite a few jobs in Chinese and American multinationals for all Spaniards," said Claudia.
"Spain is caught in the middle; it has good relations with both the U.S. and China. If it gets on the bad side of either one, it could be hit hard, because Spain mainly relies on tourism -- well, other things too, but essentially tourism, construction and agriculture. It's very important to have more help and trade with all countries around the world," said Denis, a law student.
Spanish students say stable China-US ties benefit global economy
