CPC Central Committee unveils key reform agenda (4)

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CPC Central Committee unveils key reform agenda (4)

By Wu Haojun (CNTV) 09:35, November 13, 2013

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CHINA’S ECONOMIC REFORMS Build a unified and open market system with orderly competition Allow the market to play a decisive role in resources allocation Establish fair, open and transparent market rules

The session also proposes to build a unified and open market system with orderly competition, and allow the market to play a decisive role in resources allocation. China needs to accelerate forming a mordern market system in which enterprises operate independently, and compete fairly. The focus should be given to clearing market barriers and improving the efficiency and fairness of resources allocation.

It also stresses the need to establish fair, open and transparent market rules, for the market to decide prices, to build a unified land market between urban and rural areas, and finally to deepen technological innovation.

Tax and fiscal reforms are also a big focus. The plenum agrees that China must improve legislation, transparency and efficiency in order to build a modern fiscal system.

The plenum says China must promote internal and external openness, by both going global and attracting overseas investment. China needs to promote deep market integration and adopting a leading role on the international stage. China needs to relax investment access, speed up the development of free-trade areas and expand inland China’s openness to the world.

The session also stresses the importance of developing socialist democratic politics and developing grass-root democracy.

It proposes to deepen judicial reforms, by constructing an efficient and authorative socialist judicial system to safeguard people’s interests.

The session notes the key to putting power in a cage is to institutionalize the management of power, affairs and people, and to let the public participate in the supervision of power. This means a system of power administration that is scientific and well supervised, and another system that punishes and prevents graft.
For more equitable distribution of the benefits of development, the country needs to speed up reform in social affairs and education, and set up a system to create more job and business opportunities, and a reasonable, orderly income distribution system.

A National Security Committee has been proposed to improve the national security system and strategy.

Protecting China’s ecosystem requires a comprehensive system. Specific actions include a compensation mechanism and an environmental protection management mechanism.
The importance of innovation in terms of national defense and the military was stressed. This applies to military theories and improving military strategies and policies, which are key to building a modern military system with Chinese socialist characteristics.

To improve the party’s leadership and governing ability, a leading group is to be set up for the general design of reform.
The session calls on all Party members to unite closely around the Party Central Committee with Xi Jinping as the General Secretary. Together they will write a new chapter for China’s reform and opening up efforts, build a moderately prosperous society, achieve new victories in building a socialist country with Chinese characteristics and achieve the China dream of rejuvenating the great Chinese nation.