Clifford Chance
The CPC Third Plenum Announces a New Roadmap for Reform in China - An Overview
2 December 2013
On 12 November 2013, the Third Plenum of the 18th Central Committee of the Communist Party of China (CPC) (Third Plenum) concluded after a four-day closed-door meeting among China's top party leaders. The Third Plenum marks the first anniversary of China's new leadership taking office and sets the important roadmap for the country's future development. The Communiqué of the Third Plenum, which was the first document to be released after the meeting closed, sets out the general directions of China's reform, which aims to remove stagnancy in economic growth and address rising social concerns. Subsequently on 15 November 2013, two other important documents namely the Decision of the CPC on the Major Issues relating to the Overall Deepening of Reform (Decision) and an Explanatory Statement issued by the General Secretary of CPC and China's President Xi Jinping (Explanatory Note) were released to fill in more details. All these documents (collectively the Documents) now form the roadmap of China's future policies with a view to reviving and fostering economic growth through vigorous reforms in various areas.
