China concluded its National People’s Congress (NPC) on March 11 and released the key economic priorities for 2022. Our latest CIO Special highlights the key takeaways from China’s NPC this year.
- Additional fiscal and monetary support is expected, as China chases a 5.5% 2022 GDP growth target.
- Special local government funds will increase, and one fiscal focus will be infrastructure investment.
- Stabilising investor confidence could generate upside potential for Chinese stocks in focus areas.