BEIJING (REUTERS) - China's Communist Party leaders will hold a key meeting in November to discuss deepening reforms, the official Xinhua news agency said on Tuesday.

"The decision to hold the third Plenary Session of the 18th CPC Central Committee in November was made at Tuesday's meeting of the CPC Central Committee's political bureau," Xinhua said.

The third plenum will likely set the country's economic agenda for the next decade, though political reform is not expected to be a major talking point.

Historically, third plenums have been a springboard for key changes in China. One such session, in the 1990s, spawned sweeping economic reforms introduced by then-Premier Zhu Rongji.