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China's "Two Sessions," the country's largest annual political gathering, wrapped up on Thursday. Hsiao Tu-yuan, head of the Institute of China Studies at Tamkang University, discusses some key takeaways from this year's meetings with TaiwanPlus.
Transcript
00:00China set a relatively conservative growth target for 2026,
00:044.5% to 5%, which is their lowest growth target since 1991.
00:10I'm wondering why do you think this is?
00:12Yes, of course, I think there are several aspects.
00:15First of all, I think China has already realized
00:18that their past development,
00:21whether it's based on housing,
00:23or traditional production production,
00:25if you want to support the current economy of the current economy,
00:29it may not have a good effect.
00:32In the past, in the past,
00:34they have a common understanding,
00:38that they believe that the future of the world's growth
00:40will continue to slow down.
00:42In the past, in the past,
00:45in the past,
00:47if you want to make your growth goals,
00:49then you can't reach the future.
00:52Secondly, I think,
00:54in the past,
00:54I know that there are some rules that're not going through.
00:59Sometimes people will be able to improve their goals,
01:00but that demand iså¼± and poor.
01:01Very well with the value of what they do this.
01:05Even if you need to improve the world's growth,
01:07you're not able to achieve that level.
01:09You're not able to achieve that purpose.
01:10You're not able to achieve your goal.
01:10And when you've picked up the goal,
01:11you've made up the goal of the needs for all people,
01:12you couldn't reach from the past.
01:12They won't look forward.
01:13But the third,
01:14I think that they do they are clearly sure.
01:17In the past,
01:18So it's already helping to change their growth,
01:21In the process of changing the process of a new model,
01:24they were not able to strengthen the growth of high-level growth
01:27in the past.
01:31So they were starting to be a new growth of high-level growth.
01:35You would not be able to strengthen the growth of high-level growth
01:39You could make the people better.
01:41During the two sessions, they also made a few comments about Taiwan.
01:46I'm wondering if you think there was anything significant
01:49in the way that they phrased their comments about Taiwan
01:52or if there was anything different than in previous years.
01:55I would like to emphasize one thing.
01:58They thought that outside there were many factors,
02:01including the United States and Taiwan.
02:08But I think that in the future,
02:11this kind of leadership should be in China.
02:14So they strongly emphasize that in the future,
02:17in China,
02:17the United States and the United States
02:19and the U.S.
02:21So you can see that in the United States
02:24in relation to Taiwan,
02:25in terms of reporting,
02:25for example,
02:26for example,
02:27for example,
02:27for example,
02:27for example,
02:27for example,
02:28that's a big hope.
02:30So that's a big hope and the world,
02:34that's a big hope.
02:35It's a big hope.
02:36It's a big hope for you to take the time.
02:39It's a big hope for you to see the world.
02:44That's a big hope for you to think
02:45in terms of how you can see the world.
02:48of this kind of approach.
02:50But in the future of this change,
02:52it will probably be able to
02:54how to attack the country
02:56and how to do it.
02:57If you want to do it
03:00in the same way,
03:01it will be able to do better
03:03in a better approach.
03:05It will be able to
03:07create a better goal
03:07to make the future
03:09or the time period
03:12And then we will be able to figure out how to do it.
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