China’s Top Political Meeting Sets Policies to Further Consolidate CCP’s Control Over Economy: Analysts

Analysts say Beijing’s policies will hurt the livelihood of the people.

Security guards stand outside the Jingxi Hotel, where Chinese officials were conducting the Third Plenum, a key economic meeting, in Beijing on July 15, 2024. Greg Baker/AFP via Getty Images

The ruling Chinese Communist Party (CCP) has reaffirmed its leadership while promising “to deepen reforms” during its Third Plenum, which concluded last week. China observers say the proposed reforms could hurt the people struggling to make ends meet amid a sluggish economy.

The Third Plenum, held from July 15 to July 18, is the CCP’s most significant meeting. It is convened every five years to set major political and economic policies for the Chinese regime.