The following is a gist of the Chinese government's reports released Sunday for the 2023 annual session of the National People's Congress.
China:
-- sets economic growth target of around 5 percent for 2023.
-- plans to increase military spending by 7.2 percent on year in 2023 to 1.55 trillion yuan ($224 billion).
-- says its people have "pulled through with fortitude and resilience and secured a major and decisive victory in the fight against COVID-19."
-- vows to take resolute steps to oppose "Taiwan independence" and advance the process of "peaceful reunification" with the island.
-- vows to enhance the intensity and effectiveness of proactive fiscal policy, with a deficit-to-gross domestic product ratio of 3 percent projected for this year, up 0.2 point from the previous year.
-- vows to fully implement President Xi Jinping's thinking on strengthening the military by intensifying training and boosting combat preparedness.
