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In Depth: China’s Ambition to Build a Financial Powerhouse

By Ding Feng, Wu Xiaomeng, Zhang Yuzhe and Denise Jia
2023年11月07日 07:07
Top-level conference puts Communist Party front and center as China takes on slowing growth, rising government debt and slumping property and stock markets
Chinese President Xi Jinping speaks at the Sixth Central Financial Work Conference held in Beijing Oct. 30–31. Photo: Xinhua

China for the first time set a goal to “accelerate building a financial powerhouse” and put the Communist Party in charge of achieving it last week at the government’s twice-a-decade Central Financial Work Conference.

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