China’s Plan for Growth

On November 9-12, the Third Plenum of China’s Communist Party will convene in Beijing. It will outline the broad contours of China’s economic policies for years ahead — and it will have global implications.

What makes this meeting different, however, is that it will initiate the long-waited series of reforms that represent a paradigm shift in China’s economy.

While the reform proposals have been shaped by numerous Chinese think tanks, it has two primary authors: Li Wei, a former secretary of the former premier Zhu Rongji, who was known for liberal reforms and toughness; and Liu He, a veteran liberal reformer who now serves as the key economic adviser to President Xi Jinping.

CNBC

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