Closing of the Third Plenum Today, Focus on Economic Recovery Measures

Reported 5 months ago

The four-day 20th Central Committee Third Plenum of the Chinese Communist Party has come to a close on July 18, 2024. Amid concerns of a weak Chinese economy and the rising probability of former U.S. President Trump returning to the White House, intensifying the risk of the U.S.-China trade war, attention is now on the measures the Third Plenum will announce to boost market confidence. With a theme of 'Further Comprehensive and In-depth Reform Studies, Promoting Issues in China's Modernization,' discussions are expected to revolve around major initiatives to address economic challenges and enhance people's sense of achievement while advocating for a gradual policy improvement approach instead of significant breakthroughs, according to experts and analysts.

Source: YAHOO

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