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Members of the People's Liberation Army Band leave after the opening of the National People's Congress, China's rubber-stamp legislature, at the Great Hall of the People in Beijing on March 5, 2024. Kevin Frayer/Getty Images
Beijing set the same 5 percent growth target during its annual Two Sessions gathering, but there has been no COVID-19 hat trick to bolster the numbers.
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.