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China leaders may signal policy shift to economy from Covid zero

Bloomberg
Bloomberg • 6 min read
China leaders may signal policy shift to economy from Covid zero
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China’s top leaders will likely signal a more pragmatic approach toward Covid controls at a key upcoming meeting while putting more focus on boosting economic growth, economists say.

The 24-member Politburo, the Communist Party’s top decision-making body, usually convenes in early December every year to set broad guidelines for economic policy for the coming year. The plans are then fleshed out at the Central Economic Work Conference, which often follows within a week of the Politburo meeting.

Policy objectives, including a target for gross domestic product, are then published in March at the annual legislative meeting.

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