China's Xi opens Communist Party plenum, aims for firm governance measures
FXI•China's Communist Party began a four-day closed-door plenum focused on measures for party self-governance, including strengthening rules and combating corruption. A Xinhua commentary said the anti-corruption drive signals greater predictability for global investors and policymakers.
1. Plenum focuses on governance
President Xi Jinping briefed the party's Central Committee on a draft document addressing governance capacity, complacency and corruption as the four-day meeting began on Monday in Beijing. The commentary said rules should be refined, loopholes closed and implementation strengthened.
2. Anti-corruption campaign
Xi's campaign has led to the purge of hundreds of senior officials and top generals, including former allies. Xinhua described the drive as sustained and systemic, and said it signals greater predictability and a more transparent environment for international cooperation.
