China bolsters stimulus with annual congress delayed by outbreak

Policy vacuum looms over 2020 growth target and regional coffers

20200224N China factory

A car seat factory in Shanghai: China is eager to keep its economy humming despite the delay in its annual parliamentary session. © Reuters

ISSAKU HARADA, Nikkei staff writer

BEIJING -- With China postponing its nearly 3,000-member parliamentary session amid coronavirus fears, the central government is preparing additional stimulus measures to minimize the outbreak's economic blow and ensure that regional authorities can continue their response efforts.

Much of the country's political and business moves are steered by the road map indicated at the annual National People's Congress gathering. The vacuum left by a delayed session could pose serious challenges in containing the virus, which could prove a race against time.

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