8. We will deepen reforms in key sectors and speed up the improvement of market mechanisms.
We will focus on resolving acute problems and strengthening key links, deepen relevant reforms, make our systems and mechanisms better able to promote high-quality development, and fully unlock market dynamism and social creativity.
We will accelerate state capital and SOE reforms.
We will strengthen and improve the regulation of state assets, and continue to conduct trial reforms to establish state capital investment and management companies, so as to maintain and increase the value of state assets. Reforms to introduce mixed ownership will be actively but prudently advanced.
We will improve corporate governance structures, make their operating mechanisms market-based, and introduce measures and practices such as hiring professional managers.
We will work in accordance with law to address “zombie enterprises.”
Reforms will be deepened in sectors including power, oil and natural gas, and railways. In natural monopoly industries, network ownership and operation will be separated in light of the specific conditions of these industries to make the competitive aspects of their operations fully market based. SOEs should get stronger and healthier through reform and innovation to continue increasing their vitality and core competitiveness.
We will work for big improvements in the development environment for the private sector.
We will uphold the “two no irresolutions” principle, * and encourage, support, and guide the development of the non- public sector. We will follow the principle of competitive neutrality, so that when it comes to access to factors of production, market access and licenses, business operations, government procurement, public biddings, and so on, enterprises under all forms of ownership will be treated on an equal footing.
(* This refers to no irresolution in consolidating and developing the public sector, and no irresolution in encouraging, supporting, and guiding the development of the non-public sector.)
We will foster a new type of cordial and clean relationship between government and business, improve mechanisms for their communication, inspire entrepreneurial spirit, and promote development and upgrading in the private sector.
In the protection of property rights, we must be firm and unwavering Infringements on property rights will be dealt with in accordance with law and any wrongly adjudicated cases will be corrected. We will strive to create a positive business environment in which entrepreneurs can be free of concerns in doing business and running companies.
We will deepen reforms of the fiscal, taxation, and financial systems.
We will take further reform measures to make budgets more transparent, and promote reform efforts to clearly define the respective fiscal powers and expenditure responsibilities of central and local governments. We will improve local tax systems and prudently advance legislation on real estate tax. We will improve the mechanisms by which local governments secure financing.
We will reform and improve the structure of the financial system, and develop private and community banks, to better serve the real economy. We will reform and improve the basic systems of the capital market to promote the healthy and steady development of multi-tiered capital markets. The proportion of direct financing, particularly equity financing, will be increased. The insurance sector’s role in protecting against risk will be enhanced. We will strengthen monitoring, early warnings, mitigation, and control of financial risks.
China’s fiscal and financial systems are on the whole stable, and we have many policy tools available, so we are fully capable of ensuring that no systemic risks will emerge.
9. We will promote all-round opening-up and foster new strengths in international economic cooperation and competition.
We will open more sectors and improve the layout of opening-up, continue to promote opening-up based on flows of goods and factors of production, and give greater emphasis to opening-up based on rules and related institutions, driving an all-round deepening of reforms through high-standard opening-up.
We will promote stable and higher-quality growth of foreign trade.
We will work to diversify export markets. We will expand the coverage of export credit insurance, and reform and improve support policies for new forms of business such as cross-border e-commerce. We will encourage innovative development in service trade, guide the transformation and upgrading of processing trade and its shift to the central and western regions, and give better play to the role of integrated bonded areas. The import mix will be improved and imports will be actively expanded. We will host the second China International Import Expo. We will step up efforts to facilitate customs clearance.
We will do more to attract foreign investment.
We will further relax controls over market access, shorten the negative list for foreign investment, and permit wholly foreign funded enterprises to operate in more sectors. We will implement reform and opening-up measures in the financial and other sectors, and improve policies on opening the bond market. We will further align our policies with internationally accepted trade rules, enhance policy transparency and consistency in implementation, and create a fair and impartial market environment where Chinese and foreign companies are treated as equals and engage in fair competition. We will strengthen efforts to protect foreign investors’ legitimate rights and interests.
We will grant greater autonomy to pilot free trade zones to carry out reform and innovation, expand the China (Shanghai) Pilot Free Trade Zone, step up the building of the China (Hainan) Pilot Free Trade Zone, and explore the opening of a free trade port with Chinese features. We will support national-level economic development zones, new- and high-tech development zones, and new areas in implementing trial reforms pioneered and developed in pilot free trade zones, so that they can better lead their surrounding areas and grow into pacesetters of reform and opening-up. China’s investment environment is all set to get better and better, which means more and more business opportunities for foreign companies in China are a sure thing.
We will promote the joint pursuit of the BRI.
We will adhere to the principle of pursuing shared growth through discussion and collaboration and observe market principles and international rules. We will see that enterprises are the main actors, advance infrastructural connectivity, strengthen international cooperation on production capacity, and expand third-party market cooperation. We will host the second Belt and Road Forum for International Cooperation. We will work to ensure the healthy and orderly growth of outbound investment and international cooperation.
We will promote trade and investment liberalization and facilitation.
China is committed to safeguarding economic globalization and free trade, and is actively involved in the reform of the World Trade Organization. We will accelerate the establishment of a network of high-standard free trade areas, advance negotiations on the Regional Comprehensive Economic Partnership, the China-Japan-RoK Free Trade Agreement, and the China-EU Investment Agreement, and continue to promote China-US trade negotiations. China is committed to mutually beneficial cooperation, win-win development and settling trade disputes through discussion as equals. We faithfully honor our commitments and are resolute in safeguarding our lawful rights and interests.
10. We will speed up the development of social programs to better ensure and improve living standards.
Although the pressure of maintaining a balanced budget will grow this year, inputs to ensure basic living standards will only be increased and not cut. We will support private actors in boosting the supply of non-basic public services to meet people’s multilevel and diverse needs.
We will develop more equitable and higher-quality education.
We will promote the integrated development of urban and rural compulsory education, move faster to improve conditions in rural schools and to address the problem of oversized classes in urban schools, ensure access to education for children living with their migrant worker parents in cities, develop Internet Plus Education models, and promote quality resource sharing.
We will increase the supply of pre-school education through multiple avenues. The government will support all kindergartens that meet safety standards, charge reasonable fees, and have the trust of parents, regardless of whether they are public or private. We will continue work to make senior secondary education universal, and provide quality ethnic minority education, special needs education, and continuing education.
We will continue to strictly ensure the full payment of pay packages to teachers working in compulsory education. We will continue efforts to develop world-class universities and world-class disciplines. This year, despite significant fiscal constraints, government budgetary spending on education will remain above 4 percent of GDP, and central government spending on education will exceed one trillion yuan. We need to use these precious funds well, and work hard to provide education that our people are happy with, to do justice to our hope for tomorrow.
We will ensure access to basic medical and health services.
We will continue to increase basic medical insurance and serious disease insurance protection for rural and non-working urban residents. Government subsidies for resident medical insurance will be raised by an average of 30 yuan per person, half of which is to be used for serious disease insurance.
We will lower and unify the deductible line for serious disease insurance, raise the reimbursement rate from 50 to 60 percent, and further reduce the burden of medical care for people with serious diseases and people living in poverty.
We will strengthen the prevention and treatment of serious diseases. Tens of millions of Chinese families are affected by cancer. To ease this pain that has such an effect on people’s lives, we will take action in cancer prevention and treatment, and promote preventive screening, early diagnosis and treatment, and breakthroughs in cancer research. We will improve prevention and treatment of common chronic illnesses. Outpatient medicines for treating high blood pressure, diabetes, et cetera, will be made reimbursable under the medical insurance scheme.
We will speedily implement and improve the policy on interprovincial on-the-spot settlement of medical bills through basic medical insurance accounts; we will work as quickly as possible to enable patients to use their medical insurance cards for medical treatment in any designated hospitals and settle their bills straight away regardless of the locality. This will make things easier for the migrant population and the elderly people who accompany them to cities.
We will deepen the comprehensive reform of public hospitals and encourage the development of privately-run hospitals. We will establish a system for remote medical care services, enhance the training of community medical workers, and improve services provided both under the tiered diagnosis and treatment model and by contracted family doctors.
Prevention will continue to be our priority. The increase in government subsidies for basic public health service expenditures will be used entirely for villages and communities, to ensure direct benefits to the people. Maternal and child healthcare services will be improved. We will support the preservation, innovation, and development of traditional Chinese medicine.
Drugs and vaccines protect lives. We must strengthen the entire process of their regulation from production to use. We will bring lawbreakers to justice, and investigate negligence and the dereliction of duty and hold the guilty to account, to guard the line protecting the lives and health of our people.
We will improve the social security system and related policies.
We will build a robust multilevel aged-care social protection system and continue to increase the basic retirement pension. We will ensure benefits for demobilized military personnel, and improve the policy on their basic medical insurance and basic aged-care insurance. Urban and rural subsistence allowances and special assistance programs will be adequately increased and social protection for children in difficult situations will be improved. Efforts will be intensified to assist struggling urban employees to get out of poverty. Disability prevention and rehabilitation services will be improved. We must do our best to address urgent needs of people in difficulty, provide help when they need it most and ensure that the basic living needs of the people are met.
We will work to enrich the intellectual and cultural life of our people.
We will foster and practice core socialist values, carry out a broad range of public activities to promote cultural and ethical advancement, and encourage the spirit of struggle, the spirit of science, a role-model work ethic, and the pursuit of fine workmanship. This will create a powerful source of aspiration for the pursuit of excellence and moral integrity.
We will accelerate the development of philosophy and social sciences with Chinese features. We will intensify efforts to improve online content. We will work to see that art and literature thrive, and develop the press, publishing, radio, film, television, and archiving. The protection and use of cultural relics and the preservation of intangible cultural heritage will be strengthened. We will promote the reform and development of cultural programs and industries and build stronger public cultural service capacity at the community level. People-to-people and cultural exchanges with other countries will be boosted.
Extensive Fitness-for-All activities will be carried out. We will make sure we’re ready for the 2020 Olympic and Paralympic Games, undertake detailed planning and preparatory work for the 2022 Winter Olympics and Paralympics in Beijing, and host a successful Seventh World Military Games. When our people are in good health both mentally and physically, our society will be full of vitality, and our country will thrive.
We will strengthen social governance and explore new ways to conduct it.
We will shift the focus of social governance to the community level, extend the practices of promoting social harmony developed in Fengqiao town, Zhejiang Province, and develop a new model of urban and rural community governance. We will guide and support the healthy development of social organizations, humanitarian assistance, volunteer services, and charity. The social cred让system will be improved. We will protect the legitimate rights and interests of women, children, the elderly, and people with disabilities. We will improve work to address public complaints, and promptly meet justified public demands.
We will improve the national emergency response system and our capacity for disaster prevention, mitigation, and relief. We will strengthen workplace safety and resolutely guard against and curb the occurrence of serious and major accidents. Seismological, meteorological, hydrological, geological, and mapping work will be done well.
We will continue activities to improve public awareness of laws. We will strengthen national security capacity building.
We will improve the multidimensional crime prevention and control system, and intensify the special campaign to root out organized crime and local mafia. We will, in accordance with law, punish illegal and criminal offenses such as theft, robbery, fraud, pornography, gambling, and drug-related crime, crack down on economic crimes like illegal fundraising and pyramid schemes, and tackle prominent problems such as the abuse of personal information. In short, we will make every effort to ensure that our people live in peace and safety.
The new developments and tasks have created new and higher demands for the work of government. At every level of government, we should keep firmly in mind the need to maintain political integrity, think in big-picture terms, follow the leadership core, and keep in alignment. We should strengthen our confidence in the path, theory, system, and culture of socialism with Chinese characteristics. We should resolutely uphold General Secretary Xi Jinping’s core position on the Party Central Committee and in the Party as a whole, and resolutely uphold the Party Central Committee’s authority and its centralized, unified leadership. And we should maintain a high degree of unity in thought, stance, and action with the Party Central Committee with Comrade Xi Jinping at its core and exercise full and rigorous self-discipline in the Party.
We should have the courage to conduct self-reform, further streamline administration and delegate power, speed up the transformation of our functions and the improvement of our performance, and strengthen government credibility and capacity for execution, to better meet the people’s new expectations for a better life.
We will continue to fully perform the functions of government in accordance with law.
We must fully implement the basic strategy on comprehensive law-based governance, strictly abide by the Constitution and the law, and bring all government activities into line with the rule of law.
At every level of government, we must accept, as law requires, the oversight of the people’s congresses and their standing committees at the corresponding level. We should readily subject ourselves to the democratic oversight of CPPCC committees, public oversight, and oversight through public opinion, so that power is exercised with transparency.
Everything we do in the government should be what the people want. We will make decisions in a sound, democratic, and legally-compliant way, listen carefully to the views of the deputies to people’s congresses and CPPCC committee members; listen to the views of other political parties, federations of industry and commerce, people without party affiliation, and people’s organizations, and listen to the views of the general public and the business community. This will make sure that each of our policies fits the conditions and realities of our country, responds to people’s desire, and better satisfies public demand.
We will promote transparency in all government affairs. We will support trade unions, Communist Youth League organizations, women’s federations, and other people’s organizations in better playing their roles.
We will fully implement the system of responsibility and accountability for government enforcement of laws and regulations. All actions that violate laws or regulations will be resolutely investigated and punished; all instances of failure to enforce the law impartially and with basic decency must be resolutely stopped; and any employee of government found to be not doing their job must be firmly held to account.
We will step up efforts to improve Party conduct and ensure clean government.
We will hold activities about keeping in mind our Party’s founding mission. We will fully enforce the Party Central Committee’s eight-point decision on conduct and its rules for implementation, and keep up efforts to address formalities performed for formalities’ sake, bureaucratism, hedonism, and extravagance.
We will intensify work to build a clean government, and take coordinated action to make government employees not dare, not able, and not want to commit corruption.
Auditing-based oversight will be strengthened. We in the government must readily subject ourselves to the oversight of the law, supervisory bodies, and the people. The ultimate measure of our performance is whether and what we deliver.
Governments at all levels must firmly oppose and put a stop to all pointless formalities and bureaucratism in all its manifestations. We should free government employees from the mountains of documents and endless meetings, from the superfluities surrounding evaluations and inspections, and from report writing and form filling-in, and instead spend our energy on solving real problems.
We will cut down on and overhaul matters subject to inspection, checks, and evaluations, and implement an Internet Plus Inspection initiative. The number of meetings and documents will be cut. This year, the State Council and its offices and departments will lead the way in making major reductions to the number of meetings and will cut the number of documents issued by over a third.
We will strengthen our readiness to shoulder responsibility.
The tremendous achievements of China’s reform and development to date have been made by our officials and people through perseverance and hard work. To achieve the Two Centenary Goals, * and let the happiness and ambitions of the Chinese people be realized, we need to continue to put in long-term hard work.
(* The two goals are to complete the building of a moderately prosperous society in all respects by the centenary of the Communist Party of China in 2021 and to build China into a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious, and beautiful by the centenary of the People’s Republic of China in 2049.)
Government works for the public; words can’t compare with actions. All levels and employees of government should be down to earth and practical and eschew doing things for show. We should let what we have achieved in reform and development speak for themselves. We should deliver a good performance in what we do. We will improve the mechanisms for offering incentives, imposing constraints, and conducting due diligence. We should create an atmosphere in which officials are ready and eager to try, and able to try and deliver real outcomes.
We will keep central and local governments motivated, respect the pioneering spirit of officials working at the primary level and the people, and offer incentives and leave ample space for local governments to make bold explorations.
All of us working in the government must have true dedication and be enterprising. We must never sidestep difficulties or shirk obligations; and we must knuckle down when work is tough, and both be creative in approach and have a keen sense of feasibility. We should make new achievements worthy of our people and make remarkable new accomplishments in pursuing China’s development.
We will uphold and improve the system of regional ethnic autonomy, implement in full the Party’s policies on ethnic affairs, heighten public awareness of ethnic unity and progress, and enable the people of all our ethnic groups to live together happily, work together for a common cause, and develop in harmony. We will strengthen support for development in ethnic minority areas and for the development of ethnic groups with smaller populations. We will redouble efforts to boost development in the border regions to benefit the people living there. Together, we will build a beautiful homeland in which 56 ethnic groups work together for common prosperity and development.
We must fully implement the Party’s fundamental policy on religious affairs, abide by the principle that religions in China must be Chinese in orientation, oversee religious affairs in accordance with law, and encourage religious leaders and believers to take an active part in promoting economic and social development.
We will act on policies related to overseas Chinese nationals, and protect the legitimate rights and interests of overseas Chinese nationals, returned overseas Chinese, and relatives of overseas Chinese nationals residing in China. We will improve and strengthen our services for them, give play to their unique strengths and important role, seek the greatest convergence of interests among all Chinese, both at home and overseas, and forge a mighty force, as we endeavor to create more remarkable achievements.
Over the past year, we achieved solid progress in strengthening national defense and the armed forces, made many new accomplishments in this endeavor, and brought new changes to our military. In the year ahead, we will continue to take as our guide the Party’s goal of building stronger armed forces for the new era, and ensure that our work to develop national defense and the armed forces is guided by Xi Jinping’s thinking on strengthening the military. We will further efforts to ensure the political loyalty of the armed forces, strengthen them through reform, science and technology, and run them in accordance with law.
We will observe the fundamental principle and system of absolute Party leadership over the armed forces, and fully enforce the system of ultimate responsibility resting with the chairman of the Central Military Commission.
We will implement the military strategy for the new era, strengthen military training under combat conditions, and firmly protect China’s sovereignty, security, and development interests.
Reforms in national defense and the armed forces will continue. We will work to heighten public awareness of national defense. The system for national defense mobilization will be strengthened and improved. We will further implement the military-civilian integration strategy, and speed up efforts to make innovations in defense related science and technology.
We in government at all levels must concern ourselves with and vigorously support the development of national defense and the armed forces, conduct extensive activities to promote mutual support between the military and civilians, so that the tree of unity between the military and the government and between the military and the people continues to grow deep roots and is always in blossom.
We will continue, fully and faithfully, to implement the policies of “one country, two systems,” the people of Hong Kong governing Hong Kong, the people of Macao governing Macao, and a high degree of autonomy for both regions, and act in strict compliance with China’s Constitution and the basic laws of the Hong Kong and Macao special administrative regions.
The governments and chief executives of the two regions have our full support in exercising law-based governance. We will support the two regions in seizing the major opportunities presented by the Belt and Road Initiative and the Guangdong-Hong Kong-Macao Greater Bay Area development strategy, giving better play to their strengths, and deepening mutually beneficial cooperation with the mainland in all fields. We have every confidence that Hong Kong and Macao will develop and thrive together with the mainland and maintain long-term prosperity and stability.
We will adhere to the major principles and policies on work related to Taiwan. We will implement in full the guiding principles embodied in General Secretary Xi Jinping’s speech at the meeting to commemorate the 40th anniversary of the issuance of the Message to Our Compatriots in Taiwan. We will uphold the one-China principle and the 1992 Consensus, promote the peaceful growth of relations across the Taiwan Strait, and advance China’s peaceful reunification.
We will resolutely oppose and deter any separatist schemes or activities seeking “Taiwan independence,” and resolutely protect China’s sovereignty and territorial integrity.
We will deepen integrated development on both sides of the Taiwan Strait, and keep expanding cross-Strait economic and cultural exchanges and cooperation. The people on both sides of the Taiwan Strait are bound by kinship and share a common destiny. We should work together to create a beautiful future for all Chinese.
The world today faces profound changes of a kind unseen in a century. China will remain on the path of peaceful development, pursue mutually beneficial opening up, and resolutely uphold multilateralism and the international system built around the United Nations. We will participate actively in reforming and improving the global governance system and firmly uphold an open world economy to build a human community with a shared future.
We will strengthen communication, dialogue, coordination, and cooperation with other major countries. We will deepen relations with our neighbors and expand mutually beneficial cooperation with other developing countries. We will actively offer constructive Chinese approaches for responding appropriately to global challenges and addressing flashpoints in some regions. China stands ready to work together with all other countries to make new contributions in promoting enduring world peace and shared prosperity.
Struggle creates history; hard work makes a bright future. We will rally closer around the Party Central Committee with Comrade Xi Jinping at its core, hold high the banner of socialism with Chinese characteristics, follow the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, rise to each challenge, and create new progress. We will commemorate the 70th anniversary of the founding of the People’s Republic of China with great achievements in economic and social development.
Let us continue our struggle to secure a decisive victory in building a moderately prosperous society in all respects, to achieve the great success of socialism with Chinese characteristics for a new era, to build China into a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious, and beautiful, and to realize the Chinese Dream of national rejuvenation!