Key facts
- China's Communist Party will hold a Central Committee plenum in October.
- The plenum will discuss party self-governance.
- The meeting is typically one of seven held between major congresses.
- Top Chinese leaders pledged to accelerate fiscal spending.
- Leaders will adopt "incremental policies" to boost economic growth.
- These measures are in response to a worse-than-expected economic slowdown in the second quarter.
China's ruling Communist Party has scheduled a Central Committee plenum for October, a significant meeting focused on party self-governance. This plenum is a standard event, typically occurring as one of seven between major Party congresses, and will be used to address emerging challenges and enforce rigorous party governance. The announcement comes as China's top leadership commits to bolstering the nation's economy. Following a second quarter that saw a worse-than-expected economic slowdown, leaders have pledged to accelerate fiscal spending. They also intend to adopt "incremental policies" aimed at boosting economic growth for the remainder of the year. The focus on both internal party discipline and economic stimulus indicates a dual approach to navigating current domestic and international pressures.