The recent key plenum of the Central Committee of the Communist Party of China has established "credible momentum" for carrying out fundamental economic reform in China, two US experts said Friday.

The third plenum of the Communist Party of China ushered in a major phase of comprehensive and deeper reforms for the world's second largest economy.

President Xi urged officials to push forward reforms but avoid being rash and reckless in the process.

The Chinese leadership has listed combating the abuse of power as a priority of its reforms, in a bid to tighten restrictions on the exercise of power by leading officials.