Party meets in November to mull deepening reforms
Print Edition
China’s ruling Communist Party will hold a key meeting in November to discuss deepening reforms, as leaders look to set the country’s economic agenda for the next decade.
The Party’s 25-member Political Bureau issued a statement after a meeting yesterday announcing that the Third Plenary Session of the 18th Party Central Committee will be held in November in Beijing.
The meeting also adopted plans for streamlining local governments, and preventing and punishing corruption over the four years until 2017.
Political Bureau members also listened to a report on preparation work done for a pilot free trade zone in Shanghai.
The November session will discuss major issues concerning comprehensive and deepened reforms, the statement said.
Deepening reform in an all-round way concerns the overall work of the Party and the government, and is a requirement for building a moderately prosperous society, speeding up socialist modernization, developing socialism with Chinese characteristics, addressing prominent challenges in the development, and achieving sustainable, healthy development of the economy and society, the statement said.
“Reform and opening up serve as a critical strategy to determine modern China’s destiny and rejuvenation of the Chinese nation. There should never be an end to the practice and development, emancipation of the mind, and reform and opening up,” the statement said. “There is no way out for China to stop or even reverse the process.”
The meeting urged the Party to recognize contradictions and difficulties reform is facing, calling for courage in tackling grave issues.
The Party’s Political Bureau also threw its weight behind the planned Shanghai free trade zone.
Establishing the flagship Shanghai FTZ in response to new circumstances is an important step forward in reform and opening up, said the statement.
The program will spearhead the Party’s endeavor to explore new ways of improving management, advancing the transformation of government functions, facilitating trade and investment, and deepening reform and opening up the economy, it said.
Covering 28.78 square kilometers, the new zone will adjoin existing bonded zones in Shanghai — Waigaoqiao Free Trade Zone, Waigaoqiao Free Trade Logistics Park, Yangshan Free Trade Port Area and Pudong Airport Comprehensive Free Trade Zone.
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