China’s leaders are expected to search for ways to mend the country’s fractured property market, create jobs for millions of unemployed youths and spur faster growth in a meeting that reportedly began Monday in Beijing.
The National Financial Work Conference, usually held twice a decade, is expected to further fortify leader Xi Jinping’s control of the country’s $61 trillion financial sector. It follows the announcement last week of plans to issue 1 trillion yuan ($330 billion) in bonds for infrastructure projects and disaster prevention.
