CX Daily: China Charts Course for Future Growth with Major Reforms at Key Meeting

Third Plenum /

Cover Story: China charts course for future growth with major reforms at key meeting

At a key meeting held only twice a decade and concluded earlier this month, China’s top leadership charted the nation’s course for the next five years, with pledges to enhance legal governance and emphasizing a comprehensive deepening of reforms.

Major takeaways from the Communist Party of China (CPC) Central Committee’s Third Plenum, which was held in Beijing from July 15-18 and presided over by President Xi Jinping, highlighted the importance of the rule of law, financial independence for local governments, foundational legislation for the financial sector and creating a new model for the beleaguered real estate industry.