China's third plenum: Communist Party concludes its major policy meeting in Beijing

China's top leaders have promised further reforms to develop its socialist market economy.
They include developing the services sector and boosting supply-side reforms. This comes after the Communist Party's highest executive body adopted a resolution at the end of its Third Plenary Session. The Central Committee's list of reforms aims to modernise the industrial complex and expand domestic demand, while curbing debt and risk in the property sector. Olivia Siong reports.

[Trueye-slmr]

Years before such meetings, hundreds if not thousands of papers on issues and proposed policies are submitted for consideration, study and analysis

[existentialbaby]

This is historical. Policy for decades.

[xKageAkira]

i wish America removed those politicians over corruptions . we have so many in the USA

[BrandyHeng]

Low Quality, High Volume replaced by
High Quality, Low Volume
With Turnover Revenue the same or higher

[Lee.Hsien-Yung]

The Chinese communist party has always produced visionary figures, for example Deng Xiaoping, Jiang Zemin, Hu Jintao and Xi Jinping

[xKageAkira]

second quart is still 5.0 its not that slow

[eyaswoo]

I like the cover, full of BBC style: a feeling of doom.

[ArabicReja]

Chinese 🇨🇳 property sector, which accounts for 30% of GDP, is crashing.
- Exports and imports, accounting for 37% GDP, are down.
- Foreign investment (FDI) is falling over 90%, lowest in 3 decades.
- Foreign visitors are down 96% compared to the pre-pandemic level in 2019.
- Consumer prices are experiencing deflation.
- Youth unemployment hits over 21%, a record.
- Its fast-shrinking workforce is 10 years older than neighboring countries.
*Still, China keeps reporting outrageous GDP numbers.* Lol
Where does the growth come from?