2026-02-05
The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China has made a top-level design and strategic planning for economic and social development in the15th Five-Year Plan period. The Plenary Session of the 20th Central Committee of the Communist Party of China has put forward important principles that economic and social in the 15th Five-Year Plan period must follow, including "adhering to deepening reform in an all-round way", which calls for "focus on the institutional mechanisms that restrict high-quality development and promoting deep-level reform"; and it has made systematic arrangements for "accelerating the construction of a high-level market economic system and enhancing the driving force for high-quality development", and proposed "better play the leading role of economic system reform, improve the macroeconomic governance system, and high-quality development." General Secretary Xi Jinping clearly required at the Second Plenary Session of the Fourth Central Committee of the 20th Central Committee of the Communist Party China: "Further deepen reform in an all-round way, strive to break down the institutional mechanisms that restrict high-quality development, and strive to achieve new breakthroughs in key areas and key links." To implement the spirit of General Secretary Xi Jinping's important speech and the decisions and plans of the Party Central Committee, we need to deeply and accurately grasp the rich connotation and great significance of economic system reform, better play its leading role, and provide strong momentum and institutional guarantee for promoting Chinese-style modernization in all-round way with high-quality development.
Promoting reform with economic system reform as the traction can add momentum to development and stimulate vitality.
General Secretary Xi Jinping pointed out in "Deeply Learning and Understanding the Spirit of the Third Plenary Session of the 20th CPC Central Committee": "It is an important experience for the success of reform to plan and promote reform around the Party's central task." In the "Explanation of the Decision of the CPC Central Committee on Further Deepening Reform in an All-round Way and Advancing the Modernization of Chinese Characteristics," he pointed out: "We should focus on playing the leading role of economic system reform." These important statements profoundly reveal the significant role and meaning of reform for development, contain profound theoretical logic, historical logic, and practical logic, and provide scientific guidance for us to better play the leading role of economic system reform during the "15th Five-Year Plan" period, and to focus on solving the institutional and mechanism obstacles that restrict high-quality development and promote deep reform.
In terms of theoretical logic, promoting reform with economic system reform as the traction reveals the deep relationship between reform and development based on the world view and methodology of Marxism. The productive forces determine the relations of production, and the economic base determines the superstructure. At the same time, the relations of production have a reaction on the productive forces, and the superstructure has a reaction on the economic base. This is the basic viewpoint of Marxism, and it also reveals the internal connection and dialectical relationship between reform and development. Grasping the internal connection and dialectical relationship between reform and development is an important experience for our Party to lead reform and development to achieve significant achievements. To promote economic and social development during the "15th Five-Year Plan" period through further deepening reform in an all-round way involves a wide range of fields. We cannot do it without primary and secondary importance and without distinction. Instead, we should focus on the main contradictions and central tasks, prioritize solving the main contradictions and the main aspects of contradictions, and use this to drive the solution of other contradictions. Economic work is the central work of the Party and the state, and economic system reform has an important transmission effect on other reforms. In the further deepening of reform in an all-round way, many fields of reform need to be pulled by economic system reform to proceed more smoothly, and many aspects of the progress of institutional reform depend on the progress of economic system reform. The vanguard and foundational role of economic system reform determines that it has an important impact of "pulling one hair and moving the whole body." Firmly grasping this "key" and connecting promoting economic and social development with high-quality development as the theme with promoting economic system reform as the traction can better play the important role of reform and drive the overall leap in the level of economic and social development.
Historically, we can see that one of the precious experiences for the success of reform and opening in China is to keep forming and developing systems and mechanisms that are in line with the reality of contemporary China and full of vitality, with economic system reform as the traction. From 14th National Congress of the Communist Party of China that clearly put forward the goal of establishing a socialist market economic system, to the Third Plenary Session of the 8th CPC Central Committee that clearly defined “economic system reform as the focus of deepening reform in an all-round way, and the core issue is to properly handle the between government and market”, to the Fourth Plenary Session of the 19th CPC Central Committee that further defined “to fully play the decisive role of the market in allocation of resources and to better play the role of the government”, and to the Third Plenary Session of the 20th CPC Central Committee that proposed “to deep reform in key areas and fields, to further promote the system and mechanism reform, to further enhance the system and mechanism guarantee for promoting social fairness and justice and improving people’s wellbeing to focus more on systematic integration, to focus more on highlighting key points, to focus more on the actual effects of reform”, our Party has emphasized on this focus of economic system, and has led all fields of reform to deepen continuously, which has provided a solid institutional guarantee for creating the “two miracles”, and has promoted China to embark on a journey to build a socialist modern country in an all-round way. Practice has proved that by firmly grasping the reform of liberating and developing social productive forces, we can provide traction for all other aspects of reform. To promote China’s economic and social development in the “15th Five-Year Plan” period, we must insist on and make use of this experience, pay attention to solving development problems with reform methods, take economic system reform as the traction, improve the macro-economic governance system, enhance the driving force vitality for high-quality development, and provide a strong support for promoting and expanding Chinese-style modernization.
From the perspective of practical requirements, in order to adapt to the main social contradictions and to promote high-quality development on the new journey, we must unswervingly give full play to the role of economic system reform and landmark reform initiatives to take root and produce results. The main social contradiction in our country has changed, and the stage of economic development is also undergoing historic changes. The contradictions and in the process of development are concentrated on the quality of development. This requires us to pay more attention to and strive to improve the quality and efficiency of development. During the “1th Five-Year Plan” period, our Party has unswervingly taken economic system reform as the traction to promote deepening reform in an all-round way, further break the deep-seated institutional and mechanism obstacles and structural contradictions, and provide new opportunities, new space and new momentum for economic development. China's economic aggregate has continuously new thresholds, and its growth rate is in the forefront of major economies, and the balance, coordination and sustainability of development have been significantly enhanced. On the new journey, China' reform has entered the deep water zone and the period of攻坚, and at the same time, the problems of unbalanced and insufficient development are still prominent. To effectively solve these problems we must be serious and dare to touch hard. To promote China's economic and social development during the “15th Five-Year Plan” period, we must better play role of economic system reform, further consolidate and expand the advantages, break through the bottlenecks, and make up for the shortcomings, and better coordinate the effective improvement of quality and reasonable growth of quantity. In this way, we can continuously strengthen China's economic strength, technological power, and overall national strength, and better respond to the uncertainty of changes in external environment with the certainty of our own high-quality development.
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