China's Upcoming Third Plenum to Focus on Economic Reforms Amid Persistent Challenges
The July 15-18 meeting will address economic strategies, domestic issues, and leadership changes under President Xi Jinping's continued rule.
- Analysts expect economic discussions to dominate the agenda, with a focus on high-tech innovation and fiscal reforms.
- The third plenum is anticipated to set the economic strategy for the next five to ten years.
- Observers are skeptical about the potential for substantial policy shifts despite the emphasis on reforms.
- The meeting may formalize the dismissals of high-profile figures involved in corruption scandals.
- China's reform progress has been slow, with many pro-market tasks from 2013 still unfulfilled.