Conference in Beijing over the weekend – annual Central Economic Work Conference, a meeting of senior officials to assess economic and international challenges:
China’s new leaders sent their strongest signal yet that their top economic priority is to remake the economy so it relies more on domestic demand and less on exports and investment in capital-intensive state-owned companies, even if that reduces short-term growth.
- increased reliance on domestic demand
- less reliance on exports
- monetary policy remains prudent
- concern with property prices
China Sends Strong Signal on Economic Reforms (Gated WSJ article)