China tightens Hong Kong grip, sets modest GDP target as parliament begins
  • 3 years ago
China moved to overhaul Hong Kong's electoral system on Friday in a further blow to democracy in the city and unexpectedly set an economic growth target for this year, albeit a modest one, as it kicked off its annual session of parliament.

On a smoggy day in Beijing, Premier Li Keqiang touted the achievements of the previous year as China overcame the coronavirus pandemic, and laid out ambitions to solidify the economic recovery, cut emissions, invest in innovation and improve a worsening demographic outlook.

Also on Friday, Beijing unveiled its next five-year plan, pledging to lift annual research and development spending by more than 7% until 2025, highlighting a commitment to become self-sufficient as the country clashes with the United States and other countries over technology policy.