The Chinese Communist Party has released the final document of the Third Plenum of the 18th Central Committee. The document is as notable for what it leaves out – political and governance reforms – as it is for the decisive move to a free-market economy that it announces.
BEIJING – The Chinese Communist Party has released the final document of the Third Plenum of the 18th Central Committee. In the CCP’s history, the third plenum has traditionally been the occasion for the party to announce its major policies for the next 5-10 years. This year happened to be one of leadership transition, so the third plenum became more important. As expected, its final document unveils a plan for comprehensive reforms that will reshape China’s economy and society in the next decade.
BEIJING – The Chinese Communist Party has released the final document of the Third Plenum of the 18th Central Committee. In the CCP’s history, the third plenum has traditionally been the occasion for the party to announce its major policies for the next 5-10 years. This year happened to be one of leadership transition, so the third plenum became more important. As expected, its final document unveils a plan for comprehensive reforms that will reshape China’s economy and society in the next decade.