Steady growth to continue in 2019

The country will promote the shaping of a strong domestic market, improve the level of integrity of the national economy, take solid steps to push forward the rural vitalization strategy and move forward with coordinated regional development, the statement said.

China's economy expanded by 6.7 percent in the first three quarters of this year, which slightly exceeded the government's target of around 6.5 percent, according to the National Bureau of Statistics. The CPC Central Committee usually holds an annual conference on economic work at year's end.

The Political Bureau meeting followed a symposium convened by the CPC Central Committee on Tuesday to solicit opinions and suggestions on economic work from those not in the Party.

Xi called on those outside the Party to unify their thoughts and actions with the analysis, judgment and decisions of the CPC on economic work and make greater contributions to lasting and healthy economic growth.

Some experts have highlighted the need to strengthen the market's confidence to stabilize the overall economic environment next year.

"Stabilizing investors' expectations is the foundation for implementing other economic measures," said Zhang Lianqi, a member of the Standing Committee of the Chinese People's Political Consultative Conference, the nation's top political advisory body.

Next year's GDP growth target will be set at a reasonable level, possibly from 6 to 6.5 percent, said Zhang. "More proactive fiscal policy, especially more aggressive tax cuts, will take effect to boost investments in manufacturing and fixed assets."

Zhang expected a neutral, moderately eased monetary policy next year.

Zhang Chunsheng, a professor at the Central University of Finance and Economics, expected that next year's macroeconomic policies will be more flexible, targeted and well coordinated. "A set of specific policies, targeted to solve diversified problems emerging in different regions and industries, will be launched at the proper time."

"The Chinese government's easing policies so far have been focused on preventing a systemic financial crisis and credit freeze," said Lu Ting, an economist with Nomura Securities. Other policies could support growth, such as strengthening investment in infrastructure construction, in the face of headwinds in the first half of next year, he said.