China’s third plenum to target ‘most urgent’ economic reforms: People’s Daily
- Top priorities include building a ‘high-level socialist market economy’, Communist Party says in front-page commentary
The new reforms will focus on “reform of the economic system”, including “upholding and developing the basic economic system” and “building a high-level socialist market economy”, according to the article published on the front page of People’s Daily on Wednesday.
The article appeared under the byline of Ren Zhongping, a pseudonym that means “important commentaries by People’s Daily” and is often used to set the official tone on major policies and current affairs.
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According to the commentary, new policies are needed to strengthen “coordination” between the various reforms to “prevent and overcome the phenomenon of each department working separately and restraining each other”.
The process should become a “major political responsibility” for officials, and should “uphold fundamental principles and break new ground”, but not “make subversive mistakes”.