China's Xi calls for qualitative improvement in economy

· Economy · China

Chinese President Xi Jinping called for qualitative improvement and measurable growth in the economy, and for comprehensive social progress while maintaining stability. The remarks, reported by state media, come ahead of the Communist Party's fifth plenum, which begins on Monday. The meeting is expected to offer clues about Beijing's priorities ahead of 2027. China's economy has been under pressure, with its benchmark CSI 300 index entering bear-market territory this week, down 20% from its June peak. The plenum is closely watched for signals on policy direction.

Why it matters：Xi's remarks and the coming plenum signal how Beijing intends to steer the world's second-largest economy as growth slows and markets falter.

Key points

  • Xi called for qualitative improvement and measurable growth
  • Remarks come ahead of the fifth plenum starting Monday
  • China's CSI 300 index has entered bear-market territory

Sources (original reporting)

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