Observer Report
Beijing
China is likely to see breakthroughs in improving its business environment and the rule of law in economic fields to better unleash the country’s growth potential and ensure high-quality development as the central leadership discusses governance systems and capacity at an ongoing Party meeting in Beijing.
Quoting experts, China Economic Net (CEN) reported that the Fourth Plenary Session of the 19th Central Committee of the Communist Party of China, which was concluded recently, will likely set the tone for future policies about the country’s economic governance, including efforts to carry out legal and administrative reforms and legal revisions concerning major economic issues. The leadership will possibly discuss and elaborate on issues including building a fairer, more consistent and more transparent business environment, balancing the relationship between government and market, strengthening protection of intellectual property rights as well as consumer and investor interests.