What investors expect from China's 5th Plenum
A key focus of the market will be on the average growth rate that the government sets for 2016-2020, with expectations of a lowered target rate.
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THE government announced last week that the fifth plenary session for the Communist Party of China (CPC) Central Committee, or the 5th Plenum, will be held on Oct 26-29.
What makes this year's meeting particularly important is that 2015 connects China's 12th five-year plan (2011-2015) and the 13th five-year plan (2016-2020), and the upcoming Plenum meeting will discuss the development plan for the upcoming five years.
A key focus of the market will be on the average growth rate that the government sets for 2016-2020. There are wide expectations that the targeted rate will be lowered from the current 7 per cent.
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