Politburo eyes accelerating reform and opening up
17 December, 2018
The Politburo of the Communist Party of China convened on Thursday to discuss economic planning for the year ahead, prior to the kick-off of the Central Economic Work Conference, The Paper reported.
The meeting put forward for the first time that China should accelerate reform of the economic system and promote all-around opening up.
The meeting re-established the targets of stabilizing employment, finance, foreign trade and investment which were first proposed by the previous politburo meeting in July, and added one more target — “boosting market confidence.”
The meeting pointed out that it is necessary to stimulate the vitality of small enterprises, improve macro-control, promote steady growth, facilitate reform, upgrade the economic structure, prevent risks and keep economic growth at a reasonable range.
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