Paper
Douglas H. Paal
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Source: Getty
In The Media
Upcoming Highlights for the NPC
The driving motivation behind the decision by the National People’s Congress to set the growth target at 7.5 percent is their desire to guarantee full employment.
Published on Mar 10, 2014
Source: CCTV America
Douglas Paal, vice president for studies at the Carnegie Endowment, spoke on the highlights coming out of the Chinese Communist Party's National People’s Congress (NPC). Paal explained that the driving motivation behind the NPC’s decision to set the growth target at 7.5 percent is their desire to guarantee full employment. He added that the goal of 12.2 percent growth in defense spending makes China’s military the fastest growing in the world, although that number is somewhat overstated by not accounting for inflation. He also noted that shutting down coal burning power plants and getting high emission cars off the road are positive steps but China still has a long way to go in addressing its pollution challenges. Although he believes that the forced labor camps will be shut down as announced in the Third Plenum Decision document, he stated that other similar practices may take their place.
About the Author
Douglas H. Paal
Distinguished Fellow, Asia Program
Paal previously served as vice chairman of JPMorgan Chase International and as unofficial U.S. representative to Taiwan as director of the American Institute in Taiwan.
- America’s Future in a Dynamic Asia
- U.S.-China Relations at the Forty-Year MarkQ&A
- +1
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Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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