In addition to economic plans, key political moves are also expected at the legislative session, including establishment of the national supervision commission.
These moves, which are important to modernize China's system and capacity for governance, will lay a solid foundation for realizing the goal of building a great modern socialist country, analysts have said.
Su Quanke, a national political advisor, said he is confident about realizing the goal, considering the remarkable progress made so far.
Su is the chief engineer of the Hong Kong-Zhuhai-Macao Bridge (HZMB), the world's longest sea bridge. The 55-km-long bridge took six years of preparation and eight years to build.
Su said that 10 years ago, China had only one 2,000-tonne floating crane for building the Hangzhou Bay sea bridge. The number of large floating cranes was five for the HZMB project, including one of 12,000 tonnes. All the five cranes were domestically built.
He said the achievement has shown the advantages of socialism, which pools national resources to solve major problems.
"We have achieved a lot in technological innovation, which will further drive the economy in the future," he said.
Ye Hailin, an international relations researcher with the Chinese Academy of Social Sciences, said that building a great modern socialist country is not just a goal, but a process which will bring opportunities to the rest of the world.
China's economic development contributes more than 30 percent of global economic growth, which will generate a spillover effect. Through international cooperation mechanisms such as the Belt and Road Initiative, China will share its economic benefits with other countries and regions.
"A successful China will set an example for a large number of developing countries and help upgrade the industrial chains of its neighbors," Ye said.