The Lianghui, China’s annual "Two Sessions" of the National People’s Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC), offers a structured display of the Chinese Party-state's political priorities, economic directives, ideological posture and future trends. The 2025 sessions occurred amid economic strain, demographic pressure, and heightened geopolitical competition. Understanding this political convention is essential for interpreting China’s evolving governance model.

This dialogue, therefore, will examine four key questions:

What major legislative and policy signals emerged during the sessions that may shape China’s political space?
How does China assess its economic landscape, including tariff pressures, and what policy options does it consider in response? What are its core economic priorities, and how does it plan to pursue them?
What are the broader implications of the Lianghui for elite politics and the anti-corruption campaign within the PLA? How does the frequent purge of senior military leaders impact the institution’s stability and operational integrity?
What are the broader lessons of the 2025 ‘Two Sessions’ for foreign governments, investors, and scholars seeking to read China’s future?