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China economic focus September 2022: the 20th party congress - prioritising self-reliance and stability

28 September 2022

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28 September 2022

China economic focus September 2022: the 20th party congress - prioritising self-reliance and stability

Report summary

The 20th National Congress of the Communist Party of China (CPC congress) will be held on 16 October. We expect the 20th CPC congress to emphasise self-reliance and stability in China’s economic strategy. On self-reliance, there will be a renewed focus on fossil fuel supply in the short term and a continuous effort to strengthen the position of state-owned enterprises. On stability, more stimulus measures for the property market will likely be released. Aggressive support could save China from a near-term financial crisis but will add to the risks in the future.

Highlights
China’s policy priority focuses on self-reliance and stability
Improving self-reliance in the natural resource sector
Stabilising the property market
Appendix

Tables and charts

This report includes 12 images and tables including:

Progress of China's market liberalisation
China could potentially import more energy from Russia
Share of state investment in natural resources rose during the 18th and the 19th CPC congresses