CPC Rolls out Grand Plan to Deepen Reforms, Vows Free Market
   2013-11-13 06:20:08    Xinhua      Web Editor: Wang

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, addresses the third Plenary Session of the 18th CPC Central Committee in Beijing, capital of China, Nov. 12, 2013. The session lasted from Nov. 9 to 12. [Photo: Xinhua/Lan Hongguang]

 

Party leaders have unveiled a new reform blueprint for the development of China.

The document has been issued following the conclusion of a key plenary session in Beijing on Tuesday.

CRI's Su Yi has more.

Reporter: The communique issued following the meeting in Beijing says the market should play a "more decisive role" in allocating resources and enabling farmers to enjoy more property rights.

The party leadership has adopted the wording to describe market forces as playing a "decisive role" in the economy.

Previous language had the market playing a "basic role" in China's economic development.

The idea of market forces playing a role in economics used to be a taboo for quite sometime in China, as it was associated with capitalism.

And even after reform and opening up in 1978, the leadership of the party still struggled to define what role the free market could play in Chinese economic growth.

The new communique from the CPC leadership states it's going to be a priority of the party to build an "open and unified market with orderly competition".

The document particularly outlines that land in cities and the countryside will be pooled together in one market.

A rising urban-rural gap and disputes over land requisition have long been a headache for the Chinese government that is rapidly pushing forward the urbanization process.

Meantime, the party says it will set up a "central leading team" in charge of designing reform measures.

Chi Fulin is the head of the Hainan-based China Institute for Reform and Development.

"I am very happy to see this happen. The team will be tasked with coordination and supervision. China's reforms are now at a crossroad and it is extremely difficult to break vested interests to move reforms forward. It needs top-down design but it also needs push from the top."

Public management expert, Professor Yan Jirong with Peking University, says the new document is also designed to improve the governing ability of the party itself.

"The Communist Party of China needs to improve its governing ability under current circumstances by improving its leadership ability. How to improve leadership ability? One of the most effective ways is playing the leading role in reform."

China's reform and opening up, which began 35 years ago, has made China an economic powerhouse and lifted hundreds of millions out of poverty.

However, most observers say the investment and export-oriented growth model is difficult to sustain.

The policy statement also emphasizes the reform of the political system will highlight, quote, "the leadership of the CPC, people being masters of the country and the rule of law".

Meantime, the communique also says the government plans to establish a state security committee.

Senior observer Yu Haisheng.

"National security and social stability are the foundation of development. In order to make sure that the country does not miss its strategic opportunity, it is necessary to establish a strong national-level security organization to fend out unexpected events particularly from the outside."

The communique also asks for "decisive results" of the reforms to be realized by 2020.

For CRI, I'm Su Yi.

Related:

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From Basic to Decisive: What Does It Mean for the Market?

CPC Announces Decision on Comprehensive Reform

Market to Play "Decisive" Role in Allocating Resources

China to Establish State Security Committee

New Urban-rural Relations to Take Shape

China Relaxes Investment Rules

Central Leading Team for "Comprehensively Deepening Reform"

China Advances Diverse Forms of Ownership

China to Build Law-based, Service-oriented Gov't

China to Establish Modern Financial System

China Vows Ecological Protection

China to Overhaul Judicial System

China to Develop Army, National Defense 

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