**Abstract**: According to Chinanews.com on May 17, the National Development and Reform Commission announced that the 2014 National Economic System Reform Work Conference was held in Beijing from May 16 to 17. Xu Shaoshi, head of the special committee for central economic system and ecological civilization reform, and director of the National Development and Reform Commission, delivered a speech titled *"Accurately Grasping the Situation, Paying Attention to Implementation and Ensuring Key Tasks of the 2014 Economic System Reform."*
Liu He, head of the central economic system and ecological civilization reform special committee, as well as deputy director of the Central Financial and Economic Leading Group Office and the National Development and Reform Commission, gave a closing speech at the conference. Lian Weiliang, vice director of the National Development and Reform Commission, attended the meeting and chaired a symposium on economic system reform involving officials from local development and reform commissions.
The conference emphasized the importance of implementing General Secretary Xi Jinping’s instructions on future economic reforms. All regions and departments were encouraged to thoroughly study the spirit of recent speeches by President Xi on comprehensive reform and the decisions made at the Third Plenary Session of the 18th CPC Central Committee. The goal is to fully understand and apply these policies to guide practical reform efforts.
The meeting highlighted that China is currently in a critical period for building a moderately prosperous society, deepening reforms, and accelerating economic transformation. It stressed the urgency of promoting comprehensive reforms, particularly in the economic system, to address long-term challenges and current risks. Bold and decisive actions are needed to gain public trust through meaningful reform.
This year marks the first year of implementing the spirit of the Third Plenary Session of the 18th CPC Central Committee. Members of the National Development and Reform System, along with other relevant units, face major and challenging reform tasks. A stronger sense of responsibility and urgency is essential to advance the reform agenda.
Key reform priorities include:
1. **Investment System Reform**: Streamlining approvals, improving the private investment environment, and encouraging social capital participation, especially in railway construction.
2. **Price Reforms**: Reducing government pricing, liberalizing competitive sectors, and establishing market-driven pricing mechanisms for resources and agriculture.
3. **Fiscal and Tax Reforms**: Implementing transparent budget systems, reforming taxes like consumption tax and environmental protection tax, and enhancing financial services for the real economy.
4. **State-Owned Enterprise Reform**: Promoting mixed ownership, defining roles of SOEs, and accelerating reforms in key industries such as energy and oil.
5. **Market Rules**: Establishing fair and open rules, improving credit systems, and ensuring efficient resource allocation.
6. **Urbanization Reform**: Focusing on people-centered urbanization, solving issues related to population mobility and funding.
7. **Trade and Investment Facilitation**: Expanding openness, promoting free trade zones, and supporting enterprises going global.
8. **Social Reforms**: Enhancing education, healthcare, and social security systems to ensure fairness and inclusivity.
9. **Environmental Protection**: Strengthening conservation policies, improving governance, and building an ecological civilization framework.
The conference called for unity, boldness, and strategic thinking in reform implementation. It urged all parties to maintain alignment with the Party leadership, embrace innovation, and ensure that reforms are both effective and sustainable.
Finally, the meeting emphasized the need to focus on five key areas: learning from central guidelines, strengthening dynamic reform mechanisms, promoting professional approaches, creating replicable success stories, and conducting targeted theoretical research to support ongoing reform efforts.
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