Chinese folk congress: AI, consumption, economy – China’s slaughter plan in the trade war

With an outstanding majorities of his non -freely chosen parliament, China is ready for the fight for technological dominance and the impending trade war. In Beijing, the Communist Party could be confirmed by the approximately 2,900 delegates at the end of the People’s Congress with thunderous applause.

The loop around the neck of the export -driven economy is becoming increasingly narrower in world trade. Prime Minister Li Qiang spoke of changes as “could not be seen in a century”. In the meantime, US President Donald Trump demands 20 percent tariffs for Chinese goods, and other countries also protect themselves from cheap products from the Far East. “No country should imagine that it can suppress China and keep good relationships with him in parallel,” said Foreign Minister Wang Yi. This is how Beijing wants to prepare:

With consumption and more social security

In a trade war, the second largest economy in the world cannot build on the fact that exports only drive the economic engine. Despite all the imponderables, the party again set an ambitious growth goal of “around five percent” for 2025.

The Chinese should therefore buy more again to strengthen the economy. Peking wants to put Beijing into an exchange program from which private individuals and companies get discount on new devices, machines or cars from special bonds from special bonds from special bonds. The party also promises to increase the income of low earners.

Small grants for health insurance and more childcare and elderly care offers should take pressure from the families. Against the high unemployment among young people, more jobs and over twelve million positions in the cities should arise for university graduates – how, however, leaves the party open.

Real estate sector should be stabilized

The crisis in the Chinese real estate sector, which broke out a few years ago, continues to significantly burden the country’s economy. The government is therefore planning to take additional measures to stabilize the market this year. According to the current work report, housing projects will be completed in the future reliably and on time. City regulations are also intended to receive more scope in order to adopt and complete projects from real estate developers.

In the People’s Republic, many people bought apartments from their savings – often as an investment. However, with the real estate prices that decreased due to the crisis, consumer confidence was vanished, which impaired consumption. Beijing has been trying to get the crisis under control for a long time.

Support for technology and modernization

The Beijing government will focus even more on domestic technological progress this year. According to the current work report, future industries are to be funded even more intensively financially. The report refers, for example, to intelligent electric cars and smart robots as central technologies that are intended to shape China’s future economic development.

The term artificial intelligence (AI) also falls several times. One wants to “support the comprehensive use of AI models on a large scale” it says. China recently had remarkable success on AI. For example, the Chinese company Deepseek caused a stir with a AI-based voice model-a development that is considered a direct competition with similar US systems.

This success is now to be built up. Beijing is Ki one of the “new quality productive forces”. Based on Marxist terminology, the government summarizes all technologies that are intended to secure China’s growth and development in the future.

Again more money for the army

Against the background of the long-term threat to the US allied Taiwan and the power of power in the southern China Sea, the view this year is also on China’s army. The People’s Republic wants to show military strength. Your armaments industry develops a lot of war equipment instead of importing it, as can be seen from the report by the Stockholm Peace Research Institute Sipri.

The equivalent of 1.78 trillion Yuan (currently more than 225 billion euros) is Beijing 2025 in his defense budget, an increase of 7.2 percent. China appeases to spend less than the worldwide average for his military, measured by the gross domestic product. But the defense budget of the People’s Republic is considered the second largest in the world.