From The Wall Street Journal:
China convened a key meeting of top economic policy makers yesterday to map out strategies to confront a range of problems in its economy including surging growth and a bulging trade surplus.
The meeting comes as China tries to move away from its decades-old reliance on export- and investment-driven growth and toward greater focus on domestic demand. That comes even as economic growth hit 10.7% in the first three quarter of the year, near its highest level in 10 years.
The annual economic work meeting gathers top officials from the State Council, China’s highest administrative body, and the provinces to decide the country’s economic plans for the coming year.[Full Text]