Understanding the Key Points of the New Round of Reform Strategy from the Communique of the Third Plenum

2024-07-19

From July 15th to 18th, the highly anticipated Third Plenum of the 20th Central Committee of the Communist Party of China was held in Beijing. The Plenary Session deliberated and passed the Decision of the Central Committee of the Communist Party of China on Further Deepening Reform and Promoting Chinese path to modernization.

From the plenary session communiqu é authorized by Xinhua News Agency on the 18th, we can read out the strategic priorities for further comprehensive deepening of reforms.

1Focus on the central task and deploy key reform tasks for the next 5 years

Planning and promoting reforms closely around the central tasks of the Party is an important experience for our Party to continuously achieve success in leading reforms. Promoting Chinese path to modernization is a banner that embodies the wisdom and strength of the whole party and the whole people on the new journey, and it is also bound to be the theme of further comprehensively deepening reform.

"Chinese path to modernization is constantly promoted in the process of reform and opening up, and will certainly open up broad prospects in the process of reform and opening up." This sentence in the communiqu é of the plenary session deeply points out the internal link between promoting Chinese path to modernization and reform and opening up.

The plenary session pointed out that the overall goal of further comprehensively deepening reform is to "continue to improve and develop the socialist system with Chinese characteristics, and promote the modernization of the national governance system and governance capacity". At the same time, we will anchor the reform goals to be achieved by 2035, focus on deploying the next five years, and clarify that 'by the 80th anniversary of the founding of the People's Republic of China in 2029, we will complete the reform tasks proposed in this decision'.

"Focus on building a high-level socialist market economy system, focusing on the development of people's democracy throughout the process, focusing on building a socialist cultural power, focusing on improving the quality of people's lives, focusing on building a beautiful China, focusing on building a higher level of safe China, focusing on improving the Party's leadership and long-term governing ability" - The Plenary Session clearly proposed "seven focuses", which is not only the driving force for promoting Chinese path to modernization, but also the focus for further comprehensively deepening reform.

"A high-level socialist market economy system is an important guarantee for Chinese path to modernization" "Integrated urban and rural development is an inevitable requirement for Chinese path to modernization" "Developing people's democracy throughout the process is an essential requirement for Chinese path to modernization" "Chinese path to modernization is a modernization that coordinates material civilization and spiritual civilization"... A series of clear requirements reflect the clear direction of planning and deploying a new round of reform closely following Chinese path to modernization.

2Summarize valuable experience and point out the principles that must be implemented to further comprehensively deepen reform with the "Six Adherences"

The plenary session highly praised the successful practices and great achievements of comprehensively deepening reform since the new era, and at the same time summarized the valuable experience of comprehensively deepening reform since the reform and opening up, especially in the new era, with the "Six Adherences"——

Adhere to the comprehensive leadership of the Party, put the people at the center, uphold integrity and innovation, focus on institutional construction, uphold the rule of law comprehensively, and adhere to a systematic approach.

In 2013, the Third Plenary Session of the 18th Central Committee of the Communist Party of China scientifically summarized the successful practice of reform and opening up, summarizing the important experience of the "Four Adherences" from the aspects of Party leadership, ideological line, practice subject, and scientific methods.

  Nowadays, the ideological foundation, practical foundation, institutional foundation, and popular support foundation of reform are more solid.

Continuously promoting theoretical innovation in reform practice, guiding new reform practices with theoretical innovation.

 

3Responding to social expectations and leading the "bull's nose" of economic system reform

Faced with the complex international and domestic situation, the new round of technological revolution and industrial transformation, and the new expectations of the people, it is necessary to take further comprehensive deepening of reform as an important lever to stabilize the overall situation, adapt to the situation, and open up new opportunities.

The fourth meeting of the Central Commission for Deep Reform held in February this year stressed that "we should scientifically plan major measures to further deepen reform in an all-round way, and focus on the institutional and institutional obstacles that hinder the smooth progress of Chinese path to modernization". "Reform measures should have a clear orientation, aim to solve the most prominent problems, and have a strong sense of reform and sufficient quality".

This plenary session adheres to the combination of goal orientation and problem orientation, and makes systematic arrangements for further comprehensive deepening of reforms. From the communiqu é of the plenary session, it can be seen that the content of economic system reform is of paramount importance, and great emphasis is placed on leveraging the driving force of economic system reform.

One goal is particularly prominent: 'By 2035, comprehensively establish a high-level socialist market economy system'. This is the first of the "Seven Focuses", and the timetable and roadmap are very clear.

Building a high-level socialist market economy system, improving the system and mechanism for promoting high-quality economic development, constructing a system and mechanism to support comprehensive innovation, improving the macroeconomic governance system, perfecting the system and mechanism for urban-rural integrated development, and improving the system and mechanism for high-level opening up to the outside world

The plenary session will lead the reform with the new development concept, focus on breakthroughs and key points to promote high-quality development, and inject reform momentum into continuously creating a new situation of high-quality development.

Education, science and technology, and talents are the basic and strategic support for Chinese path to modernization. The plenary session placed innovation in a prominent position and clearly proposed the "coordinated promotion of the integrated reform of the education, science and technology talent system and mechanism". This is another major strategic deployment after the 20th National Congress of the Communist Party of China's special chapter deployment on education, science and technology, and talent.

At the same time, we are committed to achieving a positive interaction between high-quality development and high-level security. The plenary session also emphasized the need to fully implement the overall national security concept and improve the institutional mechanisms for safeguarding national security.

While focusing on promoting economic system reform, we should also coordinate and plan reforms in other fields, fully demonstrating the distinctive characteristics of further deepening reform, which emphasizes system integration, highlighting key areas, and focusing on reform effectiveness.

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Xinhua

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