Saturday , 21 September 2024
Home Forex Note for the diary – China’s plenum meeting in July will focus on the economy
Forex

Note for the diary – China’s plenum meeting in July will focus on the economy

China’s ruling party will hold its third plenary session of the 20th Communist Party of China (CPC) Central Committee on 15-18 July.

The focus will be on the reform of the economic system. Expectations for additional stimulus measures remains low though.

Key areas of focus include:

  • stimulating domestic demand
  • enhancing the efficiency and quality of economic growth
  • addressing issues such as insufficient demand, high pressure on enterprises, and various risks in key sectors
  • further opening up the economy, fostering innovation, and supporting private sector development

The meeting is of China’s roughly 370-person Central Committee. The Central Committee is the largest of the party’s top decision-making bodies.
To prevent leaks, plenum attendees are traditionally confined to the venue for the duration of the meeting.

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Global Market Weekly Recap: September 16 – 20, 2024

It was a hectic week in the global financial markets, as the...

FX Weekly Recap: September 16 – 20, 2024

Although the FOMC decision was the main event on everyone’s radars, there...

Forexlive Americas FX news wrap 20 Sep: The week comes to s close with the USD mostly up.

Mixed end to the day for the major indicesQualcomm has approached Intel...

Mixed end to the day for the major indices

The major US stock indices are closing the day with mixed results....