China expected to deepen reforms to spur growth

Expert said a scientific and effective transformation to urbanization will stimulate domestic demand, balance investment and consumption, and inject new impetus to the economic growth.

As a driving force of economic growth and rebalance, the Wall Street Journal said urbanization will be supported at the Third Plenary Session of the 18th CPC Central Committee on November 9-12.

Experts also pointed out that the policy of focusing on the dominant role of people is very important, which will increase the autonomy and sustainability of China's urbanization progress.

History shows that land and agriculture is deeply related to the fate of Chinese people. The old urban-rural dual structure is expected to be reshaped following reforms in such fields as the land system, the social security system, modern agriculture and law.

The Third Plenary Session of the 18th CPC Central Committee is an opportunity for China's new leadership to show their wisdom by coping with those challenges, said Anoop Singh, director of the Asia and Pacific Department of the International Monetary Fund in an article published on IMF's website.