“Xiconomics” is set to become the long-term guiding principles of the world’s second-biggest economy, with Beijing branding a national blueprint with the Chinese president’s name.
The Communist Party and the State Council wrapped up their most important economic meeting of the year – the central economic work conference – on Wednesday, defining a set of economic and social policies as “Xi Jinping Economic Thought on Socialism with Chinese Characteristics for a New Era”.
The branding of the policies institutionalises so-called Xiconomics, formally recognising the president’s leading role in setting the country’s economic agenda, a responsibility he took over from Premier Li Keqiang.
