Annual Central Economic Work Conference (CEWC)


The CEWC is part of the annual policy cycle, following on the Politburo meeting earlier this month.


The CEWC issued a statement emphasizing the need for stability, stability of economic reform and macroeconomic policy.


The statement mentions several areas of reform, but does not give much detail. However the need to resolve the overcapacity problem gets more attention than before.


6 key tasks a mentioned for 2014:


Food security; industrial structure (including overcapacity problem); dept risk prevention; coordinated regional development; to protect and improve the people’s livelihood; continuously improve the openness of economy.


An emphasis on stability[1]|