China's Dec central economic work conference to continue highlighting counter-cyclical adjustments

China's tone-setting Central Economic Work Conference, expected to be held in mid-December, will likely maintain a proactive tone in next year's macro-economic policy, Citic Securities says in a research note.

Since late September, a series of incremental policies and optimistic official remarks have significantly boosted market expectations, which will not only help achieve this year's economic growth targets but also provide a positive outlook for next year, the broker says. The conference typically doesn't disclose specific targets such as economic