CCP’s Top ‘Two Sessions’ Political Meeting Kicks Off: Sets Lower GDP Target, Increases Military Spending

Chinese leader Xi Jinping attends the opening of the first session of the 14th National People's Congress in Beijing on March 5, 2023. Lintao Zhang/Getty Images

The Chinese Communist Party’s (CCP) 2023 Two Sessions top political meeting started on Saturday, March 4, and is expected to last for two weeks.

The regime has set its 2023 gross domestic product (GDP) target at its lowest level in years. It also announced a 7 percent increase in military spending, its second highest in 5 years.