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Delegates at the 19th National Congress of the Communist Party of China on Oct. 18 in Beijing. (Photo by Akira Kodaka)
Stocks

China party congress draws attention to materials and electric vehicles

Markets focus on debt, state companies, environment at Communist Party confab

NORIKO OKEMOTO and YASUFUMI TSUGE, NQN staff writers | China

HONG KONG -- The Chinese Communist Party's national congress, held every five years, opened in Beijing on Wednesday. The stock market is watching to see new economic policies that may be revealed at the congress.

Local experts and the media focus their attention mainly on three matters: reducing excessive debt, or deleveraging; state-owned enterprises and supply-side reforms; and environmental measures. Market participants are busy forecasting eye-catching policies and looking for "benefiting issues."

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