Data from China's statistics bureau show fixed-asset investment and retail sales saw strong growth during the first 10 months of the year, indicating that the country's economy is gradually stabilizing.
Growth of the consumer price index (CPI), a main gauge of the country's inflation, dropped to a 33-month low of 1.7 percent in October, easing from a 1.9 percent rise in September and 2 percent rise in August.
In addition, the country's value-added industrial output rose 9.6 percent year on year in October, picking up from 9.2 percent in September and 8.9 percent in August. This is further evidence that the country's economy is picking up after seeing its lowest growth rate in more than three years.
Despite this, the meeting warned that development will "face many difficulties and various challenges that should not be underestimated" next year.
Members of the Political Bureau called on the CPC and the entire country to carefully observe the problems and risks, strengthen risk awareness and make preparations for upcoming challenges.
Analysts said Tuesday's meeting indicated economic policies for the coming year.
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