Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

China's top leaders start annual economic meeting: Xinhua

Published 12/18/2017, 03:34 AM
Updated 12/18/2017, 03:40 AM
© Reuters. China World Trade Center Tower III and China Zun Tower under construction are pictured behind a Chinese flag in Beijing

BEIJING (Reuters) - China's top leaders have started an annual meeting to map out economic and reform plans for 2018, the official Xinhua news agency reported on Monday.

The closed-door Central Economic Work Conference is keenly watched by investors for clues on policy priorities and key economic targets for the year ahead.

The meeting will focus on implementing agendas laid out by a key Communist Party Congress in October, Xinhua said without giving further details.

At a Politburo meeting earlier this month, top leaders pledged to deepen structural reforms and curb risks while maintaining steady economic growth in 2018.

Key economic targets for 2018 are likely to be set during the top-level meeting, but are not expected to be announced until the annual parliament meeting in March.

Policy sources have told Reuters that China's leaders are likely to maintain this year's growth target of "around 6.5 percent" in 2018, even as they ratchet up efforts to control systemic risks from a rapid build-up of debt in the world's second-largest economy.

Xinhua said the meeting began on Monday, but it did not say when the conference would end.

Sources said the meeting was likely to end on Wednesday.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.