Economic Resilience

The Political Bureau of the Communist Party of China (CPC) Central Committee studied the economic work for 2019 during a meeting on December 13 in the lead-up to a tone-setting central economic work conference, hinting at the resilience of the Chinese economy.

The meeting was more positive in describing China’s external environment than three other key Central Committee economic work meetings in 2018, according to a research note by CSC Financial, a Chinese investment bank.

Mention of an “important period of strategic opportunity” and repeated references to focusing on domestic affairs mean economic policies in 2019 will be more about addressing issues at home, the research note said.

Commenting on the strategic opportunity, Haitong Securities senior researcher Jiang Chao said policies would advance the high-quality development of the