China Sets GDP Growth Target at Around 5% for 2023

The video discusses China's recent work report, highlighting the measured expectations set by the government. It emphasizes the focus on domestic consumption and innovation as key economic priorities, with modest growth targets. The report also notes a significant increase in defense spending and the ongoing goal of peaceful reunification with Taiwan. Upcoming leadership changes are expected, with new appointments in key government positions.

What does the report indicate about the focus on domestic consumption?

Who are the key figures expected to be confirmed in the new leadership team?