Economic meeting to guide direction

China is expected to fine-tune its macroeconomic policies, one year after it launched the massive $586-billion stimulus package to save the economy from the worst global financial crisis since the 1930s.

A government conference to lay the groundwork for the country's economic policies not only for 2010 but for the next five years may wrap up today, according to media reports.

Decisions made at the central economic conference, which began on Saturday, will influence policies next year, the last years of the 11th five-year plan (2006-2010), and guide directions in policy for the next five-year plan.