Guardian: Meeting to establish direction of economy

BBC: Leaders discuss key reforms

A report released by the Development Research Centre of the State Council, a state-affiliated think tank, has called for three broad areas and eight key sectors for reform.

The plan, known as the 383 plan, called on leaders to liberalize the market, encourage innovation and competition, and increase government transparency.

The Guardian: Meeting to establish direction of economy

Reformers hope that the CPC third plenary session will signal progress not only on financial liberalization, but also on land reform, changes to the household registration system that limits the welfare rights of rural migrants living in cities, and possibly the reform of powerful State-owned enterprises.

Wall Street Journal: Railway industry reform

Beijing is expected to step up its efforts to commercialize and partly privatize this poorly managed and highly inefficient sector. Mid-tier railway operators are more likely to benefit from more market-based freight rate pricing.

Forbes: In reform push, China won't copy the west

The much-anticipated Third Plenum of the CPC got under way Saturday with Premier Li Keqiang saying new reforms are not designed to make the world's No 2 economy look more like the world's No 1.

CPC leaders are promising to outline policies to help make China more entrepreneurial and open to private investment. Doing so won't make it more Western.

The big question for the CPC third plenum is how hard President Xi Jinping will push for reforms. Possible changes include an overhaul of tax, land and family planning policies; solutions to control an explosion in local government debt; restructuring China's massive State-owned enterprises; and looser controls on foreign investment.

New York Times: Service sector gaining steam

The policy makers who are gathering in Beijing this week for a four-day meeting on how to overhaul China's economy are encouraging the development of an economy that is becoming more service-oriented.

They have aimed to diversify the economy and foster more productive growth by raising the share of activity generated by the service sector, which spans areas as diverse as logistics, tourism, engineering, health care and information technology.

The Australian: People's Daily demands 'ambitious' reform

The CPC Third Plenum is expected to finish tomorrow amid growing calls for President Xi Jinping and Premier Li Keqiang to improve the widening income gap in China and reduce the number of people living in poverty.