New zone to pave the way for more market-oriented reforms
Ahead of the Communist Party's much awaited plenum that begins on Nov 9, expectations are high that the meeting will provide the future reform agenda for China.
The Third Plenary Session of the 11th CPC Central Committee in December 1978: The historic turning point
Top-level Party members are expected to discuss several wide-ranging steps to pump prime the Chinese economy at the Communist Party plenum meeting in Beijing in November, experts say.
All eyes are starting to shift to the Third Plenary Session of the Communist Party of China's Central Committee. Rather than concrete measures, the plenum, to be held from Nov 9, is expected to announce objectives and directions to rebalance growth toward domestic demand, consumption and services, and upgrade the industrial structure. Ever since Chinese President Xi Jinping and Premier Li Keqiang took over the CPC leadership in November last year there has been keen interest in the direction they are giving to the reforms.
Short-term economic interests should not compromise China's long-term goals
Medical services, financial services, telecommunications services and engineering services are an increasingly big part of the investments that Chinese companies are making in Africa.
Services will make up about half of the economic output of developing Asia this year, driven in part by the growth of the sector in China.
The possible crisis in Chinese manufacturing may present an opportunity for the service sector, which in the long term can save China. But in the short term, China first has to save the service sector.
Service sector in need of an overhaul to encourage greater competition
Chinese nuclear companies may use africa as springboard for its overseas nuclear business.
Building nuclear power plants in inland areas of China is a rational choice for the country's energy plan, with the potential risks all under control, experts say.
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