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China leaders meet to discuss financial reforms

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Beijing - China's ruling Communist Party opened a key meeting on Monday that will focus on financial reforms and how to maintain growth of around seven percent and more broadly map out economic and social targets for the next five years.

The Central Committee, the largest of the party's elite governing bodies with more than 200 full members, is gathering until Thursday to finalise the 13th Five-Year Plan, a blueprint for economic and social development between 2016 and 2020.

The meeting takes place amid growing concerns over a slowing Chinese economy.

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