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Highlights of news conference on 3rd plenary session

Jul 24, 2024Byiqingdao

The Central Committee of the Communist Party of China holds a news conference on the guiding principles from the third plenary session of the 20th CPC Central Committee on July 19, 2024. [Photo by Wang Zhuangfei/chinadaily.com.cn]

The Central Committee of the Communist Party of China held a news conference on Friday on the guiding principles from the third plenary session of the 20th CPC Central Committee. Here are the highlights:

Reform resolution is most important outcome of latest CPC plenum: official

The resolution adopted by the 20th Central Committee of the Communist Party of China on further deepening reform comprehensively to advance Chinese modernization at its third plenary session has put forward more than 300 important reform measures, an official said on Friday.

China vows more opportunities for private enterprises

China vowed to create a favorable environment, to offer more opportunities for private enterprises, and enhance mechanisms for private companies to participate in major national projects, said a senior financial official at a news conference on Friday.

China will advance reforms in monopoly sectors

China will advance the market-oriented reforms in monopoly sectors within industries, such as energy and railways, said a senior financial official on Friday.

China to enhance green, low-carbon and circular development

China will firmly deepen the reform of the ecological civilization system and accelerate the planning and construction of a new energy system to better promote green, low-carbon and circular development of the country, a senior economic official said on Friday.

China to continue pursuing high-standard opening-up

China will staunchly adhere to international economic and trade rules and steadily expand institutional opening-up, in order to develop new institutions for a higher-standard open economy and translate its vast market into a significant opportunity for the world, a senior official said on Friday.

Resolution highlights mechanism for integrated urban-rural development

The resolution adopted by the 20th Central Committee of the Communist Party of China on further deepening reform comprehensively to advance Chinese modernization at its third plenary session has highlighted the importance of improving the mechanism for integrated urban-rural development, a senior official said on Friday.

China to step up efforts for financial reforms

China expects to improve its macroeconomic governance system with further efforts to deepen the reform of the fiscal and financial systems as well as enhanced fiscal policy consistency, an official said on Friday.

New quality productive forces will be one of China's top priorities

Driving a shift to new quality productive forces will be among China's top priorities in promoting high-quality development in the long run, said Han Wenxiu, executive deputy director of the office of the Central Committee for Financial and Economic Affairs.

The Central Committee of the Communist Party of China holds a news conference on the guiding principles from the third plenary session of the 20th CPC Central Committee on July 19, 2024. [Photo by Wang Zhuangfei/chinadaily.com.cn]

China to focus on talent cultivation

China will focus on strengthening targeted talent cultivation and scientific and technological innovation in higher education to provide strong support for establishing a major global center for talent and innovation, Education Minister Huai Jinpeng said on Friday.

China to enhance integration of planning, systematic layout of reforms

China will introduce a series of measures to better coordinate economic reforms between the macro and micro levels, said an official on Friday.

China to deepen reforms and promote its path to modernization by rule of law

While upholding the principle of the people running the country, China will also deepen reforms and promote its path to modernization by rule of law, Shen Chunyao, an official from the Standing Committee of the National People's Congress, said on Friday.

China to bring legislation in sync with its modernization drive

China will advance its path to modernization by deepening reforms in legislation, with greater efforts in formulating and revising some major legislative items, Shen Chunyao, an official from the Standing Committee of the National People's Congress, said on Friday.

Promotion of the property sector development is a key focus

As the deepening of reform practices continues, China aims to drive the transition from its traditional growth drivers to new growth drivers, providing robust support for high-quality development, a senior official said on Friday.

China to foster stable development of the real estate market

China will foster the stable and sound development of the real estate market while accelerating the growth of emerging industries and expanding domestic demand. This is with the aim of facilitating the transition from old to new development drivers, and provide diverse support for high-quality growth, a senior economic official said on Friday.

China to shift focus from access to quality of education

China will increase the supply of high-quality educational resources, including optimizing the regional allocation to meet changes in school-age population, Education Minister Huai Jinpeng said in Beijing on Friday.

China to stick to reform and opening-up

The increasing uncertainties in the outside world will not affect China's determination and confidence in deepening reform and expanding opening-up, said Mu Hong, vice-chairman of the 14th CPPCC National Committee and deputy director of the Office of the Central Commission for Deepening Reform.

Developing whole-process people's democracy is intrinsic requirement of Chinese modernization

Source: China Daily

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