China’s new leaders have wrapped up their first significant conclave with an agreement to leave economic policy largely unchanged next year after a run of data in recent months showed growth rebounding in the world’s second-largest economy.
At the close of its annual two-day “central economic work conference” last night, the ruling Communist party sketched an economic agenda for the coming year that was largely in line with that of the outgoing administration.
Although the language was standard and there were no policy surprises, the meeting was the first important policy-setting event for the administration since it took over running China in mid-November.
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