Continuity And Concrete Direction: Takeaways From China's 20th Party Congress

PIMCO profile picture


  • Last month’s 20th National Congress of the Chinese Communist Party was the country’s most significant political event this year.
  • As we expected, President Xi’s report to the Congress mainly focused on China’s long-term agenda: It continues the policy course set over the past five years, without disclosing much detail on near-term policies.
  • In the longer term, we believe China’s growth should moderate but remain largely stable and the united leadership team will ensure policy continuity.

China"s Leadership Holds Annual Two Sessions Political Meetings - NPC Closing Session

Kevin Frayer/Getty Images News

Last month's 20th National Congress of the Chinese Communist Party was the country's most significant political event this year. It revealed China's new leadership team for the next five years and laid out the government's policy blueprint

This article was written by

PIMCO profile picture
PIMCO is a global leader in active fixed income. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 50 years since, we have worked relentlessly to help millions of investors pursue their objectives – regardless of shifting market conditions. As active investors, our goal is not just to find opportunities, but to create them. To this end, we remain firmly committed to the pursuit of our mission: delivering superior investment returns, solutions and service to our clients. Visit PIMCO’s blog. Subscribe To Get PIMCO Insights Delivered Directly to Your Inbox.

Recommended For You


To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.