China plenum vows reforms, accepts Qin Gang resignation

Details scant but communique signals party staying the course despite GDP slowdown

20240718 Tiananmen Gate in Beijing

Tiananmen Gate in Beijing. Communist Party leaders have been meeting in the Chinese capital this week at a key policy meeting known as the third plenum. (Photo by Mizuho Miyazaki)

WATARU SUZUKI, Nikkei staff writer

SHANGHAI -- The Chinese Communist Party pledged on Thursday to better manage the market economy through reforms but offered no clear bombshells and few details, after a highly anticipated four-day leadership meeting chaired by President Xi Jinping in Beijing.

The meeting, known as the third plenum, also accepted the resignation of former Foreign Minister Qin Gang and removed him from the party's Central Committee, without elaborating. Qin was abruptly fired from his ministerial post about a year ago.

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