Beijing highlights self-reliance at Third Plenum

The 20th Chinese Communist Party’s (CCP) Central Committee’s third plenary session concluded on Thursday (July 18) with the adoption of a five-year plan that aims to upgrade Chinese industries and push forward economic reforms.

About 200 CCP Central Committee members adopted the “Resolution on Further Deepening Reform Comprehensively to Advance Chinese Modernization” during the four-day Third Plenum.

A total of 165 alternate Central Committee members and some disciplinary officials, academics, experts and other CCP representatives also attended the plenum. A full official version of the resolution had not been released as of Friday (July 19) but CCP officials elaborated on its content at a media conference.

“The resolution, with economic structural reform as the spearhead, comprehensively plans reforms in various fields and aspects,” Tang Fangyu, deputy head of the CPC Central Committee Policy Research Office, said at a media briefing on Friday. “The resolution puts forward more than 300 important reform measures, all of which involve reforms on the levels of systems, mechanisms and institutions.”

Tang said China’s ongoing modernization faces many complex issues, necessitating deeper comprehensive reforms to better adapt the relations of production with productive forces, the superstructure to the economic base and national governance to social development.

China will accelerate efforts to build a high-standard market system, which is still a major reform task for the country, said Han Wenxiu, executive deputy director of the Office of the Central Committee for Financial and Economic Affairs.

He said efforts will be made to build a unified national market, including the development of a unified urban-rural