China open ed its annual Central Economic Work Conference on Tuesday amid economists'calls for stronger and more concrete efforts for reform.

The Chinese central bank said Wednesday that new yuan loans grew more than expected in November, as its leaders met in Beijing to discuss policies, including growth targets, for next year.

President Xi Jinping has stressed that official power should be locked up in the cage of Law, so is the benefits bequeathed to the officials. Officials' benefits will also be caged by establishing standards.