BEIJING: China ended a major annual economic meeting Friday with promises to liberalise investment in state-owned sectors, control real estate speculation and improve the “flexibility” of the yuan’s exchange rate, as the country’s economy shows signs of stabilization.

The Central Economic Work Conference, headed by Chinese President Xi Jinping, began Wednesday in Beijing and focused on setting out economic priorities for 2017—a critical period for China which is expected to select its new leadership late next year.

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