China Insights

Summary

• The National People’s Congress has laid out a policy plan for 2022. Economic targets have also been set
• China will likely continue its current Covid policy for the time being, while encouraging the development of new vaccines and treatments
• The government will give fiscal and monetary support to the economy, to weather a difficult macroeconomic environment
• Growth, technology, market reforms, social wellbeing, and the environment are key areas of policy focus for 2022