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China congress reveals growth target and defence boost China congress reveals growth target and defence boost
(35 minutes later)
China announced a growth target of 7.5% and revealed plans to raise its defence budget by 12.2%, as it opened its annual parliament session in Beijing.China announced a growth target of 7.5% and revealed plans to raise its defence budget by 12.2%, as it opened its annual parliament session in Beijing.
Issues such as targeting corruption and the environment are also on the agenda at the National People's Congress.Issues such as targeting corruption and the environment are also on the agenda at the National People's Congress.
While no new laws or legal amendments are expected to be put forward this year, the session will highlight some of the government's 2014 priorities.While no new laws or legal amendments are expected to be put forward this year, the session will highlight some of the government's 2014 priorities.
The congress also marks one year since Xi Jinping was confirmed as president.The congress also marks one year since Xi Jinping was confirmed as president.
The 10-day meeting of around 3,000 legislators from delegations across China began on Wednesday.The 10-day meeting of around 3,000 legislators from delegations across China began on Wednesday.
China describes the NPC as the country's "supreme organ of state power". However, in practice, it is generally considered a rubber stamp for the ruling Communist Party.China describes the NPC as the country's "supreme organ of state power". However, in practice, it is generally considered a rubber stamp for the ruling Communist Party.
Security at the congress is expected to be tight after a mass stabbing attack at a railway station in Kunming, south-west China. 'Painful adjustments'
Premier Li Keqiang is presenting a work report highlighting targets for China's economy this year.
According to an advance copy of his speech, he will say that "deep-seated problems are surfacing" and "painful structural adjustments need to be made" in China's development.
According to the speech, the government will aim to keep inflation at about 3.5%, while boosting domestic growth and carrying out "people-centred urbanisation".
Implementing reforms to tackle local government debt is also expected to be a priority.
China has consistently announced double-digit increases to its official military budget in recent years. However, analysts say its total military spend may in fact be higher.
The latest military budget boost comes amid tensions between China and many of its neighbours, including Japan and the Philippines, over disputed territories.
In a press conference on Tuesday, NPC spokeswoman Fu Ying said that China's army was defensive, but warned other countries against damaging "regional peace and the regional order".
"Based on our history and experience, we believe that peace can only be maintained by strength," she said.
Security at the congress is also expected to be tight after a mass stabbing attack at a railway station in Kunming, south-west China.
Eight attackers stabbed people at the station at random on Saturday, killing 29 and wounding more than 130.Eight attackers stabbed people at the station at random on Saturday, killing 29 and wounding more than 130.
Officials have blamed separatists from Xinjiang - which is home to the Muslim Uighur minority - for the attack.Officials have blamed separatists from Xinjiang - which is home to the Muslim Uighur minority - for the attack.