Third plenum to outline key reform steps
China's policymakers are gathering in Beijing on Monday for an epoch-making meeting to advance the nation's reform and opening-up, amid high expectations that key steps will be introduced to further energize the world's second-largest economy and bolster its modernization drive. The third plenary session of the 20th Communist Party of China Central Committee, scheduled from Monday to Thursday, will deliberate on a key policy document on deepening reform across the board and advancing Chinese modernization, the CPC's core leadership announced last month. The third plenum of the 11th CPC Central Committee in 1978 marked the beginning of China's reform and opening-up drive under Deng Xiaoping, setting the country on a path to economic transformation. "Since 1978, China has introduced major initiatives to advance reform and opening-up to higher levels almost every decade, unleashing significant dividends for its economic development," Wang said. Zheng Yongnian, a professor of politics at Chinese University of Hong Kong, said in an interview last month that Xi has provided the direction for advancing China's reform in sectors of high complexities, where the deepening of comprehensive reform must align closely with the theme of advancing Chinese modernization.
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