China's leaders meet to talk about its economy as official figures show its growth is slowing again.

Hello, this is the Marketplace Morning Report and we're coming to you live from the BBC World Service.

I'm Leanna Byrne and a very good morning to you.

China's economic growth is slowing down.

Its economy grew 4.7% in the second quarter, down from 5.3% in the first quarter.

So that's the backdrop of this big four day meeting called the third plenum

that could shape China's What picture are we getting from those latest GDP figures?

It's an economy that other countries would like to have the same level of growth as, but for China,

really it's struggling and people are wondering what the government is going to come up with at this meeting this week this crucial meeting but what happens essentially in the Chinese system, the full Central Committee,

with its hundreds of Communist Party delegates, meets seven times over its five-year term and the third such meeting known as the third

plenum in the past has been when they've announced big policy changes and that's why this time round

observers are waiting to see what they come up with so just to give you a flavor of what's happened in the past like

after the disastrous Cultural Revolution.

This was when Deng Xiapin came out and said, right, reform and opening up, China's changing.

Or when Xi Jinping announced that there are to be no term limits for President enabling him to remain on for as long as he liked.

And the thinking is that because in the official blurb they're using these expressions like economic modernization.

It could involve more money from the central government being pushed into these key new tech areas especially the likes of solar energy and

electric vehicles. Do they do it sector by sector Stephen because I'd be quite

interested in knowing how they're going to tackle the property sector in China.

It's obviously not doing very well and hasn't been for a while.

Yeah, well it could be that this meeting comes up with not much at all for the property sector because there seems to be a

view amongst certain people in the leadership of the Communist Party that made their bed and they've

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