CPC key session to inspire new change in China
BEIJING - Discussion of China's reforms is surging worldwide ahead of a key session of the Communist Party of China, with many foreign experts expecting the upcoming session to inspire fresh reform vigor in China. The reason behind such strong attention to the Third Plenary Session of the 18th CPC Central Committee is China's economic reform has reached a crucial moment, and the country must inspire new efforts after its decades-long opening-up and reform if it wants to maintain sustainable and fast economic growth. The Chinese leadership would most likely promote financial liberalization, fiscal reform, deregulation, urbanization, land use rights and pricing for natural resources, said an article headed "Pessimism about China's Third Plenum Unwarranted", which was published by the center. Singh said in another article, "A Wish List for China's Third Plenum", that accelerating reform was crucial for containing risk and achieving a smooth transition to sustainable growth, adding the upcoming CPC session provided an opportunity for the new leadership to guide its plans to meet these challenges.
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