Hi, Hi, welcome welcome to to to reality reality. reality. Check. Check Check. Check. I'm I'm I'm Juwan Juwan Juwan Juwan. in China's annual political political meetings meetings known known known as as as the the the two. two two two sessions sessions sessions, Beijing Beijing Beijing Beijing. sets social economic economic and and security security policy policy policy priorities. priorities priorities in in in the the the government. government government government work report. So what is in in it it this this year year and and and where where where where is? is is is the the the world's world's world's world's second second? second second largest economy headed headed we'll we'll be be talking talking talking to to to experts, experts, experts, experts, But But But? But first first first some some some highlights highlights highlights highlights. of of of this this this annual report report for for the the first first first time time time ever. ever ever, ever, China China China China. has has has has said said. said said no no GDP growth target target Chinese Chinese Premier Premier Li Li. Li cited cited cited the the the global. global global global pandemic and and trade trade and and economic economic uncertainties uncertainties as. as the reason why they. Did not set a target. In fact, China has stopped setting rigid numerical targets for quite some time in 2016 through 2019. It made its GDP growth objectives a range instead of a fixed figure, but this year, coen complicate things. China took drastic measures in locking down cities and shutting down its economy to contain the spread of the virus. Here's what the Chinese Premier said on the trade off between growing the economy economy and and saving saving lives. lives. We'll me-I. So to be here, yes yes yes Judah. Judah Judah Judah food food food to to to the. the. the. Counties and cities coping with the economic fallout from the virus now, Meanwhile, there will also be a 501 500 billion you on tax cuts and fee cuts primarily targeting small and medium sized enterprises. Now, where does all this money come from Beijing says it has ordered all levels of governments to slash non-essential spending such as on new office buildings by as much as 50 percent now for investors. Beijing says there will be a mud. Shorter negative list making more time sectors open for investment. Meanwhile, a negative list will also be drawn up for cross border trading in services. Another number grabbing headlines is China's defense budget. It is growing but at a slower rate since 2014, In fact, the six point six percent increase this year is the slowest increase in nearly two decades compared China's defense budget of 170 - eight billion dollars to America's 2019 defense budget of 680 billion dollars, So how to understand the goals and priorities set out by this year's government work report. I'm joined by Professor from Peak. Your thoughts on the fact that there has been no GDP target set for this year. That was kind of a surprise I expected there should be a TV you the government report that but this year there was a no-I. I think that there were several A- one was actually spoken spoken out out out by by by primarily primarily primarily primarily cutout himself. cutout cutout himself. cutout himself himself he said, said, it it it it was was was was because because because. because. there there are. are many uncertainty. That in this year, I think that the government also wanted to leave some room to implement other important policies. It's gonna be are two sex policies. one is to make sure that those unemployed people low income people to be helped by the God. that means money right so the government that can set aside some money. Keep up posting ah the september consideration is also ah the government of pan to eradicate absolute poverty attend up this year itself itself that that is is the the goal goal set set by by by ah ah ah and and this this year year year China China is is to fulfil that that go go now now that that also also need need Is going to the shorten the list, including in the social sector. we all know the service sector is a highly regulated, not just in China, but the other countries right so you know the service sector property that the last sector for China to open up right so if the China really shorten the neck or less. Sector then companies in a success sectors can come into China and that's a going to help companies but also ah companies that we know there is a quite a lot gap between China and company productivity and then the productivity productivity of of service service service company company in the United States ah so that's a Going to be new to a professor, Yael, Thank you so much for your time. Another issue in focus is a draft bill on hong-kong for that we turn to hui President at Center for China and Globalization talking about hong-kong a draft bill on Hong-kong regarding China's National security has been delivered and the potentially passed you know again. some Western media said that this is this means the dead of Hong Kong's rule of law institutions. I do agree so it's unfortunately to see. That you know, maybe a small group of people in Hong Kong independence BK, which is I think it's really ridiculous because you know nobody ever said Hong-kong a part of China. so so this is really not making sense but also you know things hong-kong China so intertwine and the Way Bay area is really a great future Hong-kong and also the hong-kong young people can really have the opportunity to integrate Bay area to settle there to to start a business to buy Harland or. See a great integration is so so somehow and cannot continue so somehow you know government has to do something and those parliament has some resolution the red line you know you cannot pass it here's the the national unity and here is the livelihood and those economic last wife wife and and we we have have maintain we cannot we cannot so so I think ah you know I think ah the new policy coming out is really for the interest of for the benefit of and for so I think you know if that is we we will will see see tourist tourist tourist back back from We do continue to hong-kong with the Hong-kong become the most important bridges come out in China and North outside world. So I'm I'm worried really, you know the care about the hong-kong and I think all the parts of the Faa are hong-kong to to want to see the continued continues to prosperity and you know also the ability in hong-kong. now we do it for this edition of reality. Check. For more log on to CGTN dot com or to your favorite social media. And search for reality, check with me one Gwen Thank you so much for watching and I will see you again soon.