By: Benjamin Cooper
Following its meeting at the end of August, China’s Politburo proposed October 18th as the kick-off date for the 19th Party Congress, ending months of speculation about when exactly the landmark political gathering will convene in Beijing. The date is expected to be ratified by the 200-member Central Committee when it assembles at its seventh plenum on October 11th and approves the final agenda for the Party Congress. It was not specified by state-run media how long the Party Congress will go on, but they typically last around a week.
The confirmation of the meeting date signals that the Party has largely reached consensus on who will occupy the top slots in China’s new management team for 2017-2022, although last-minute changes could occur in the next few weeks. Wrapping up the Party Congress in mid-October should afford President Xi enough time to unveil the next leadership line-up and map out his administration’s policy priorities for his second term before President Trump’s expected state visit to China later this year.
Beijing is now entering the final preparatory stages for its largest political succession since the 18th Party Congress ushered in the beginning of Xi’s presidency in 2012. Businesses need to get ready for the next chapter.