China's CPC Central Committee to Hold Fourth Plenary Session on Five-Year Plan in Beijing

China's Communist Party will hold its Fourth Plenary Session from October 20 to 23 in Beijing, where over 370 Central Committee members, including President Xi Jinping, will convene to set the nation's strategic economic, political, and social priorities for the next five years. The meeting will focus on formulating the 15th Five-Year Plan (2026-2030), with particular attention to rebalancing the economy toward consumption amid ongoing tensions with the United States. The Politburo, the party's top decision-making body, announced the session after a recent meeting, emphasizing the importance of a forward-looking approach that incorporates both domestic input and the evolving global context. This high-level conclave is closely watched by international investors and leaders, such as U.S. Treasury Secretary Scott Bessent, who has urged China to prioritize boosting consumer demand in its upcoming plan. The session underscores the Communist Party's intent to shape future governance and policy direction under its regime during a critical period of geopolitical challenges. Overall, the plenum is expected to outline China's long-term development blueprint and policy framework for the 2026-2030 period.