Advertisement
Global ImpactChina eyes tech and economic goals for at third plenum, but few drastic changes expected
- In this week’s issue, we take a look ahead to China’s third plenum, which has been a landmark occasion since Deng Xiaoping’s groundbreaking reforms in 1978
6-MIN READ6-MIN
Global Impact is a weekly curated newsletter featuring a news topic originating in China with a significant macro impact for our newsreaders around the world. Sign up now!
China’s elite will assemble in Beijing next month for the long-awaited third plenum, which comes at a time of much turmoil for the world’s second-largest economy.
Advertisement
With this in mind, Beijing set the tone for the long-anticipated conclave by presenting ambitious economic and tech development goals for the next decade.
The objectives were contained in a statement issued after a meeting of the Politburo – a high-level decision-making body in Chinese politics – which also confirmed the delayed plenum would last four days from July 15.
The 10-year timeline for these prerogatives – covering a broad range of issues, from the economy to social development and state-building amid intense external challenges – would go beyond President Xi Jinping’s third term, which ends in 2028.
The state-backed Xinhua News Agency said the plenary session would “primarily examine issues related to further comprehensively deepening reform and advancing Chinese modernisation”.
Advertisement
Select Voice
Select Speed
1.00x