China expected to unveil reform measures today

A package of reform plans are expected to be announced today after the closing ceremony of the Chinese Communist Party’s Third Plenum policy meeting, Reuters reported. The blueprint, which past experience suggests will be first published by the official news agency Xinhua, will show just how committed the new leadership is to reform after formally taking power in March. Economic reforms were expected to dominate four days of closed-door talks that began on Saturday and involved the 205-member Central Committee of China’s ruling Communist Party.