The 18th CPC Central Committee, composed of more than 200 senior Party officials, will convene its third plenum from November 9 to 12 to discuss major economic and social issues concerning comprehensive reform.
The just-concluded plenum of the CPC sent a firm signal to the global community that the world's second largest economy will carry out comprehensive and deeper reforms.
The key meeting of the Communist Party of China was expected to unveil an overall deployment of China's deepening reform, overseas media reported.
Reformers hope that the CPC third plenary session will signal progress not only on financial liberalization, but also on land reform and possibly the reform of powerful State-owned enterprises.
Chinese leaders look to set economic agenda for the next decade at the Third Plenary Session. The priority is likely to be financial and tax reforms but the meeting may also discuss the household registration system.
Comprehensive reforms are expected to be adopted at an upcoming key session of China's ruling party, and citizens expect the reforms to bring them practical benefits in areas ranging from pensions to social fairness.
The BBC questioned whether an upcoming Party plenary session will be able to transform China as the meetings in 1978 and 1993 did.
China's top leaders have sent signals at different occasions before the Third Plenary Session of the 18th Communist Party of China (CPC) Central Committee that China will launch an unprecedented overall reform.