Investors are closely watching for clues on next year's policy and reform agenda as President Xi Jinping and other top leaders hold the annual Central Economic Work Conference due this month.
The advisers make policy proposals to the government but are not part of the final decision-making process. It was not known when the recommendations would formally be made. The advisers spoke on condition on anonymity. The world's second-largest economy faces multiple headwinds heading into 2022, due to a property downturn and strict COVID-19 curbs that have impeded consumption.
"We expect the macroeconomic policy stance to ease in response to the downward pressure on growth," Louis Kuijs at Oxford Economics said in a note.
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