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Key Beijing meetings coming up

The Great Hall of the People, located on the west of Tiananmen Square, where the "Two Meetings" are held each year. Photo: Zhang Peng / LightRocket via Getty Images
The Great Hall of the People, located on the west of Tiananmen Square, where the "Two Meetings" are held each year. Photo: Zhang Peng / LightRocket via Getty Images

Just ahead of the annual "Two Meetings" in early March, the Communist Party's Central Committee (CPCC) may hold the Third Plenum — a move that would be unexpectedly earlier than normal in the year and could highlight Chinese President Xi Jinping's resolve to implement reforms.

The key decisions are rumored to be related to possible restructuring of the financial regulatory system as well as the replacement for Zhou Xiaochuan as head of the People's Bank of China. Reuters reports Xi confidant Liu He has emerged as a front runner to head China’s central bank.