The Third Plenum: Recent Signals and Expectations Ahead of the Meeting

Key Takeaways

• The plenum will likely continue the government’s focus on supply-side economic policies that aim to enhance the capabilities of China’s state-owned and private sectors.
• Chinese policymakers are also expected to discuss measures to generate domestic demand, with signals pointing to modest changes to medical insurance and residence systems.
• Any changes to the business environment that result from the Third Plenum will be gradual given the meeting’s high-level nature.