On July 18 this year, the third plenum concluded with a proposal for “further comprehensive deepening [of] reform”, a continuation of China’s pragmatic approach to development that Western analysts often underestimate. Long-term reform is a challenge. In Western democracies, political candidates campaign on promises of change, but after one or two terms, little may actually … Read more
China has – after some delay – scheduled the much-anticipated third plenum of its Communist Party’s Central Committee for Monday, with the four-day meeting expected to shape the country’s economic strategy for the next five to 10 years. Previous third plenums unveiled landmark changes. At the plenum of 1978, the policy of reform and opening … Read more
“The complexity, severity and uncertainty of the external environment have spiked,” it said, according to a statement released by state news agency Xinhua. The session, also known as a plenum, traditionally sets economic strategy for the next five to 10 years and is often seen as the most important of the seven party gatherings held … Read more
