Two Sessions: China faces challenges increasing domestic consumption; eyes AI boost

At this year’s Two Sessions, Beijing has indicated it is slowing GDP growth to “high quality development”; rapid AI innovation is set to spur modernisation.

The “Two Sessions” in Beijing calls for a significant boost to domestic consumption, but this effort faces formidable challenges, for the 15th Five-Year Plan from 2026 to 2030 of the world’s second largest economy.

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