CPC Schedules Key Economic Plenum Amid Slowdown
The Communist Party of China, led by President Xi Jinping, will convene a key economic meeting from July 15-18. The delayed plenum will focus on strategies to revitalize the economy and deepen reforms. This meeting will examine modernization efforts and draft a decision to guide comprehensive reforms.
- Country:
- China
The Communist Party of China (CPC), led by President Xi Jinping, is set to hold a significant economic meeting from July 15 to 18 to address the country's slowing economy. Officials announced the much-anticipated plenum, which comes almost a year behind schedule, will see 376 full and alternate committee members convening.
Primarily focused on formulating steps for comprehensive reform and Chinese modernization, the plenum will scrutinize a draft decision prepared by the Political Bureau. President Xi's team has sought feedback on this draft from party insiders and external sources, signaling a collaborative approach.
The draft framework aims to guide economic reform and modernization, setting an ambitious target for a high-standard socialist market economy and a modernized governance system by 2035. With an economy facing challenges and a property crisis, China aims for a GDP growth of around five per cent this year.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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