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    <title>Main takeaways from China&#039;s parliamentary session kick-off</title>
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    <description>The government work report prioritizes economic stabilization by boosting domestic consumption through fiscal adjustments and targeted financing, identifies external trade frictions as risks to growth, and designates domestic demand as the principal policy anchor. It proposes interventions to stabilize the property market and tackle hidden local government debt, supports technological self-reliance with R&amp;D and expanded AI deployment in key industries, and reaffirms defense spending growth alongside commitments to strengthen public services and social support.</description>
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