With the reform of the economic system as the traction, we will further deepen the reform in an all-round way

General Secretary Xi Jinping delivered an important speech at the Third Plenary Session of the 20th Central Committee of the Communist Party of China, emphasizing that deepening the reform of the economic system is still the focus of further deepening the reform in an all-round way, focusing on giving full play to the leading role of the reform of the economic system, and clarifying the main tasks of deepening the reform of the economic system. These important expositions are highly political, ideological, instructive, and pertinent, and provide a fundamental guide and action guide for us to comprehensively and accurately grasp the spirit of the plenary session and the major measures proposed in the Decision of the CPC Central Committee on Further Comprehensively Deepening Reform and Promoting Chinese-style Modernization (hereinafter referred to as the "Decision") deliberated and adopted by the plenary session, and to deepen the reform of the economic system in the new era and new journey. We must study and comprehend it in depth, implement it in an all-round way, and solidly promote the reform of the economic system to create a new situation and reach a new level, so as to continue to inject strong impetus into the promotion of Chinese-style modernization.

Deeply understand the great significance of deepening the reform of the economic system

General Secretary Xi Jinping profoundly summarized the characteristics of the "five emphasis" at the mercy of the content of the "Decision", the first feature is to "pay attention to the traction role of economic system reform", which fully reflects the great importance that the Party Central Committee with Comrade Xi Jinping as the core attaches to the reform of the economic system, and the scientific judgment and profound grasp of the relationship between production relations and productive forces, superstructure and economic foundation, national governance and social development.

Deepening the reform of the economic system is the focus of further deepening reform in an all-round way. General Secretary Xi Jinping pointed out that the reform of the economic system has an important impact on the reform of other aspects and transmits the effect, and the progress of the reform of the major economic system determines the progress of many other aspects of the reform of the system, which has the effect of affecting the whole body. The practice of the mainland since the beginning of reform and opening up has fully proved that only by firmly grasping the liberation and development of the social productive forces and unswervingly promoting the reform of the economic structure can we consolidate the economic foundation of reform and provide a powerful impetus for reform in all other fields. Further deepening reform in an all-round way involves all aspects of economic and social development, and the more complicated the reform, the more necessary it is to grasp the main contradictions and the main aspects of the contradictions, grasp the "bull's nose" of economic structural reform, and continue to exert efforts and make achievements for a long time. In the new era and new journey, we must anchor the goal of building a high-level socialist market economy system in an all-round way by 2035, promote the reform of the economic system to the breadth and depth, and drive the overall situation with key points, so as to lead and drive reforms in other fields, so that all aspects of reform can be promoted in a coordinated manner, and a strong joint force to break down the obstacles of deep-seated systems and mechanisms will be formed.

Deepening the reform of the economic system is a strategic plan for promoting Chinese-style modernization. The plenum pointed out that Chinese-style modernization has been continuously promoted in the reform and opening up, and it will also open up broad prospects in the reform and opening up. A high-level socialist market economy system is an important guarantee for Chinese-style modernization. Since the 18th National Congress of the Communist Party of China, the CPC Central Committee with Comrade Xi Jinping at the core has promoted the comprehensive deepening of reform with great political courage and wisdom, realized the transformation of reform from partial exploration and ice-breaking breakthrough to system integration and comprehensive deepening, and achieved historic changes, systematic reshaping and overall reconstruction in many fields. From the perspective of economic structural reform, we have adhered to and improved the basic socialist economic system, accelerated the improvement of the socialist market economic system, adhered to the "two unswerving", promoted a better combination of an effective market and a promising government, continued to improve the market system and macroeconomic regulation and control system, and accelerated the establishment of a new open economic system, which has provided a strong driving force for promoting the steady and healthy development of the economy and written a new chapter in the miracle of economic development. In the new era and new journey, we must firmly grasp the major issues that need to be solved to promote Chinese-style modernization, plan and promote the reform of the economic system, optimize the efficiency of resource allocation and maximize the benefits, and stimulate the endogenous power and innovation vitality of the whole society.

Deepening the reform of the economic system is an urgent need to promote high-quality economic development. General Secretary Xi Jinping pointed out that high-quality development is the primary task of building a modern socialist country in an all-round way. At present, the development of the mainland has entered a period of coexistence of strategic opportunities, risks and challenges, and increasing uncertainties and unpredictable factors. From an international point of view, the world is undergoing major changes unseen in a century, the momentum of world economic growth is insufficient, regional hotspot issues are frequent, unilateralism and protectionism are on the rise, and external challenges to economic development are increasing significantly. From a domestic point of view, the problem of unbalanced and insufficient development is still prominent, the market system is still not perfect, the market development is not sufficient, the relationship between the government and the market has not been completely straightened out, the domestic cycle is not smooth enough, and there are many risks and hidden dangers in key areas. This urgently requires us to start with the reform of the economic system, give full play to the decisive role of the market in the allocation of resources, give better play to the role of the government, smooth the circulation of the national economy, and promote the effective improvement of the quality and reasonable growth of the economy. In the new era and new journey, we must lead the reform of the economic system with the new development concept, improve the incentive and restraint mechanism for promoting high-quality development, shape new momentum and new advantages for development, and promote China's economic giant ship to move forward steadily and far.

Deepening the reform of the economic system is an inevitable requirement for ensuring and improving people's livelihood in the course of development. The plenum pointed out that safeguarding and improving people's livelihood in the process of development is a major task of Chinese modernization. Development for the people is the fundamental stand of Marxist political economy. The people-centered concept of development is not an abstract and esoteric concept, but should be embodied in all aspects of economic and social development. Only by continuously deepening the reform of the economic system and further dividing the "cake" while making it bigger and bigger, can we continuously improve the quality of life of the people and satisfy the people's yearning for a better life. In the new era and new journey, we must persist in doing our best and doing what we can, improve the basic public service system, improve the social security system, improve the income distribution and employment system, strengthen the construction of inclusive, basic and comprehensive people's livelihood, solve the most direct and realistic interests of the people, and let the fruits of modernization benefit all the people more and more fairly.

Firmly grasp the major principles that must be adhered to in deepening the reform of the economic system

The plenary session scientifically summed up the valuable experience of comprehensively deepening reform since the reform and opening up, especially in the new era, that is, the "six insistences", and profoundly expounded the major theoretical and practical issues such as who should lead the reform, for whom it should be changed, what to change, and how to reform, which is a major principle that must be firmly grasped to further deepen reform in an all-round way. We must profoundly comprehend the rich connotations and practical requirements of the "six insistences" and implement them completely, accurately, and comprehensively in the practice of deepening the reform of the economic system.

Firmly grasp the requirement of upholding the party's overall leadership. The party's leadership is the fundamental guarantee for further deepening reform in an all-round way. Since the 18th National Congress of the Communist Party of China, General Secretary Xi Jinping has personally presided over more than 70 meetings of the Central Leading Group for Comprehensively Deepening Reform and the Central Committee for Comprehensively Deepening Reform, and promoted the introduction of more than 2,000 reform plans in all aspects, providing a strong institutional guarantee for building a moderately prosperous society in an all-round way and realizing the party's first centenary goal, and promoting the mainland to embark on a new journey of building a modern socialist country in an all-round way. To deepen the reform of the economic system, it is necessary to profoundly understand the decisive significance of the "two establishments", strengthen the "four consciousnesses", strengthen the "four self-confidences", and achieve the "two safeguards", and make the party's leadership run through the entire process of all aspects of the reform of the economic system, so as to ensure that the reform always advances in the right direction.

Firmly grasp the requirement of adhering to the people-centered approach. The people have called for something and reform has responded. Seeking happiness for the Chinese people and rejuvenation for the Chinese nation is the original mission of the Chinese Communists and the original mission of comprehensively deepening reform. Giving full play to the people's initiative and subjective initiative is the source of strength for promoting the reform of the economic structure. To deepen the reform of the economic system, we must always take the promotion of social fairness and justice and the enhancement of the people's well-being as the starting point and the end goal, stand firmly on the people's position, grasp the people's wishes, respect the people's creation, and concentrate the people's wisdom, so that the reform can better meet the needs of development, the expectations of the grassroots and the aspirations of the people, so that reform is for the people, reform relies on the people, and the fruits of reform are shared by the people.

Firmly grasp the requirements of adhering to integrity and innovation. Keeping the right direction and adding vitality to innovation is an important experience of our party in promoting reform. Only by keeping integrity can we not lose our way and not make subversive mistakes, and only by innovating can we grasp the times and lead the times. To deepen the reform of the economic system, we must unswervingly adhere to socialism with Chinese characteristics, keep up with the pace of the times, conform to the development of practice, highlight the orientation of problems, promote theoretical innovation, practical innovation, institutional innovation, etc., and promote reform to continuously make new breakthroughs.

Firmly grasp the requirement of adhering to the principle of system building. The system is a fundamental, overall, stable, and long-term issue related to the development of the cause of the party and the country. Placing system building in a more prominent position is a distinctive feature of reform and opening up in the new era. To deepen the reform of the economic system, it is necessary to strengthen the top-level design and overall planning, break the foundation at the same time, establish first and then break down, build a solid foundational system, improve the basic system, innovate important systems, and earnestly transform the institutional advantages of the party's leadership over economic work into governance efficiency.

Firmly grasp the requirement of upholding the rule of law in an all-round way. Reform and the rule of law are like the wings of a bird and the two wheels of a car, and they complement and promote each other. Enhancing the implementation and penetration of reform is inseparable from the guarantee of the rule of law. Only by promoting reform by means of the rule of law can the mainland's economy be both vigorous and orderly in the midst of profound changes. To deepen the reform of the economic system, it is necessary to be good at using the rule of law thinking and methods to solve the difficult problems of reform, so that major reforms are based on the law, and the results of reform are promptly upgraded to the legal system, and give full play to the role of the rule of law in consolidating the foundation, stabilizing expectations, and benefiting the long-term.

Firmly grasp the requirements of adhering to the system concept. The economic and social system contains a wide variety of components and close and changeable interrelationships, and is a complex and mega system. Reform is a profound and comprehensive social change and a systematic project involving all fields of economic and social development. To deepen the reform of the economic system, it is necessary to further strengthen the forward-looking thinking, overall planning, strategic layout, and overall advancement of reform, properly handle the major relationships between the economy and society, the government and the market, efficiency and fairness, vitality and order, development and security, and promote all aspects of reform measures to exert force, work in the same direction, and achieve practical results.

Thoroughly implement the major arrangements for deepening the reform of the economic system

A new chapter in the reform spectrum, it is time to forge ahead. The plenary session defined the main tasks and major measures for deepening the reform of the economic system. The National Development and Reform Commission, as a macro management and comprehensive economic coordination department, will unite more closely around the Party Central Committee with Comrade Xi Jinping as the core, hold high the banner of reform and opening up, strictly benchmark against the spirit of the plenary session, strengthen the party's overall leadership over development and reform, pay more attention to system integration, pay more attention to highlighting key points, pay more attention to the effectiveness of reform, and be a good executor, actioner and doer for further deepening reform in an all-round way, and do a good job in the implementation of various tasks of economic system reform.

Build a high-level socialist market economic system. Adhere to and implement the "two unswerving" principles, and promote the complementary advantages and common development of various forms of economic ownership. Promote the optimization of the layout and structural adjustment of the state-owned economy, and improve the long-term mechanism for private enterprises to participate in the construction of major national projects. Formulate guidelines for the establishment of a unified national market, improve the market access system, optimize the market access environment for new forms of business and new fields, improve the basic social credit system, and deepen the market-oriented reform of factors. We should make good use of government investment to improve efficiency, and improve the system and mechanism for government investment to effectively drive social investment. Improve the long-term mechanism for expanding consumption and promote the steady growth of consumption.

Solidly promote high-quality economic development. Develop new productive forces in accordance with local conditions, actively cultivate and develop future industries, improve policies and governance systems to promote the development of strategic industries, guide the healthy and orderly development of emerging industries, and transform and upgrade traditional industries. Promote the deep integration of the real economy and the digital economy, accelerate the promotion of new industrialization, cultivate and expand advanced manufacturing clusters, and promote the high-end, intelligent and green development of the manufacturing industry. Accelerate the construction of a new system of high-quality and efficient service industry. Promote the construction of a modern infrastructure system and accelerate the development of new infrastructure.

In-depth implementation of the innovation-driven development strategy. Comprehensively promote high-level scientific and technological self-reliance and self-reliance, strengthen the forward-looking and leading layout of basic research fields, cross-cutting frontier fields, and key fields, and coordinate and strengthen key core technology research. Strengthen the construction of national strategic scientific and technological forces, and accelerate the construction of major national scientific and technological infrastructure projects. Strengthen the in-depth integration of industry, university and research led by enterprises, and support enterprises to take the initiative to take the lead or participate in national scientific and technological research tasks. Deepen the reform of the mechanism for the transformation of scientific and technological achievements, and improve the application policies of the first (set), the first batch and the first edition.

Innovate and improve macroeconomic regulation and control. Improve the macroeconomic governance system, improve the macroeconomic regulation and control system, and promote the coordinated efforts of fiscal, monetary, industrial, price, employment and other policies around the implementation of national development plans and major strategies. We will give full play to the strategic guiding role of the national development plan, strengthen the implementation of the second half of the 14th Five-Year Plan, and plan the economic and social development ideas during the 15th Five-Year Plan period. Both economic and non-economic policies are included in the assessment of macroeconomic policy orientation. We will further implement the regional coordinated development strategy and major regional strategies, and improve the system and mechanism for promoting the development of the marine economy.

Promote the integrated development of urban and rural areas. We will further promote a new type of people-oriented urbanization, and build a benign interaction mechanism for industrial upgrading, population agglomeration, and urban development. Accelerate the urbanization of the rural migrant population, and protect the legitimate rights and interests of farmers who have settled in urban areas. Promote super-large cities to accelerate the transformation of development modes, and orderly cultivate a number of modern metropolitan areas. Strengthen the county-level industries to enrich the people, build a diversified food supply system, and cultivate new industries and new forms of business in rural areas. Use the experience of the "Ten Million Project" to improve the long-term mechanism for promoting the comprehensive revitalization of rural areas.

Expand high-level opening up. Actively align with international high-standard economic and trade rules, and steadily expand institutional opening-up such as rules, regulations, management, and standards. Accelerate the integrated development of domestic and foreign trade, and innovate and develop digital trade. We will improve the mechanism for protecting the rights and interests of foreign investment, further reduce the negative list for foreign investment access, and continue to build a first-class business environment that is market-oriented, law-based and internationalized. We will further implement the strategy of upgrading the pilot free trade zone and accelerate the construction of the Hainan Free Trade Port. Promote the high-quality development of the Belt and Road Initiative, and coordinate the promotion of major landmark projects and "small but beautiful" livelihood projects.

Effectively protect and improve people's livelihood. Deepen the reform of the income distribution system and increase the property income of urban and rural residents through multiple channels. Improve the employment public service system, and promote the employment of key groups such as college graduates, migrant workers, and retired soldiers. Improve the social security system. Promote the expansion and sinking of high-quality medical resources and the balanced distribution of regions, and accelerate the construction of a hierarchical diagnosis and treatment system. Improve the birth support policy system and incentive mechanism, and develop the pension industry and the pension industry.

Efforts will be made to promote green and low-carbon development. We will work together to promote carbon reduction, pollution reduction, green expansion and growth, and promote the construction of a green, low-carbon and circular economic system. Improve the value realization mechanism of ecological products. Accelerate the cultivation and expansion of green and low-carbon industries. Actively and prudently promote carbon peak and carbon neutrality, build a carbon emission statistical accounting system, a product carbon labeling certification system, a product carbon footprint management system, and improve the carbon market trading system. Strengthen the consumption and utilization of renewable energy, and promote the gradual transformation from dual control of energy consumption to dual control of carbon emissions.

Strengthen economic security capacity guarantees. We will continue to strengthen the coordinated guarantee of grain production, purchase, storage and marketing, and consolidate the foundation of food security in all aspects. Accelerate the planning and construction of a new energy system, increase the intensity of resource exploration and development, and strengthen the construction of a national reserve system. Accelerate the construction of independent and controllable industrial and supply chains, and improve the resilience and security of industrial and supply chains. Establish and complete basic data systems and strengthen data security governance.