China Focuses on National Defense, 5% GDP Growth at NPC, but Fails to Move Markets

10-Year Bond Yield Drops 1 Basis Point

Shanghai Composite Index Up 0.1%

Comparison of Policy Stances

Housing Slogan Omitted

Improve Policies to Boost Birth Rates

30-Year Sovereign Yield Little Changed

To Invest in ‘Disruptive Technologies’

2024 Versus 2023 Targets

Li Says Not Easy to Reach Goals

Defense Spending

Ultra-Long Special Bonds

To Cut Energy Consumption

$542 Billion of Special SNG Bonds

Sees ‘Moderate Rise’ in CPI

3% CPI Pace

3% Deficit

Growth Target 5%

Key Events

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Senior Reporter:Chinese Economy & Govt

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Bloomberg Opinion Columnist

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