China’s top legislature to meet November 4-8, as market awaits stimulus plans

China’s top legislature will convene a meeting from November 4-8 to discuss a wide range of issues facing the world’s second-largest economy.

The date was announced at a Friday meeting chaired by Zhao Leji, chairman of the Standing Committee of the National People’s Congress.

The upcoming meeting of the NPC Standing Committee arrives at a time when a new US president will be elected on November 5 and as new China policy looks to pose a fresh test to Chinese trade, tech and economy.

The meeting had been widely expected to be held at the end of this month. And the announcement of the November 8 closing date, after the US election, suggests that Chinese policymakers plan to mitigate any potential impact of geopolitical surprises.

Lawmakers are likely to come together with the market eagerly awaiting new information about the latest developments in China’s economic stimulus plans.

Its agenda includes a discussion over the country’s financial work, state asset management and review of some law revisions. So far, no bills related to the financial ministry nor budget plans have been mentioned in the official statement.