Development and Reform Commission: nine major tasks for economic reform this year

**Abstract:** Chinanews.com, May 17 — According to the official website of the National Development and Reform Commission, the 2014 National Economic System Reform Work Conference was held in Beijing on May 16–17. The meeting brought together key leaders and officials involved in economic system and ecological civilization reforms, emphasizing the importance of deepening reform efforts across multiple sectors. Xu Shaoshi, head of the Central Economic System and Ecological Civilization System Reform Task Force and director of the National Development and Reform Commission, delivered a speech titled “Accurately Grasping the Situation, Paying Attention to Implementation and Ensuring the Key Tasks of the 2014 Economic System Reform.” He stressed the need for focused and effective implementation of reform measures to drive progress in the economy. Liu He, head of the Central Economic System and Ecological Civilization System Reform Special Committee, also attended the conference and delivered a closing speech. Lian Weiliang, deputy director of the National Development and Reform Commission, presided over a symposium with local development and reform officials, highlighting the importance of coordination and collaboration at all levels. The conference emphasized the importance of following the guidance of General Secretary Xi Jinping on future economic reforms. It called for a thorough study of the spirit behind his speeches on comprehensive reform, as well as the decisions made by the Third Plenary Session of the 18th CPC Central Committee. This was seen as essential for aligning reform efforts with national goals and ensuring that all regions and departments were on the same page. The meeting noted that China is at a critical stage of development, where strategic opportunities must be seized, and structural adjustments are necessary. With growing challenges and long-term contradictions, it is more important than ever to push forward with comprehensive and deep reforms, particularly in the economic system. This year marks the first full year of implementing the decisions from the Third Plenary Session, and the tasks ahead are significant. Officials were urged to take initiative, embrace responsibility, and continue driving forward the reform agenda. Key areas of focus included: 1. **Investment System Reform**: Streamlining approvals, improving the environment for private investment, and encouraging social capital participation in infrastructure projects like railways. 2. **Price Reforms**: Moving toward market-determined pricing for resources and services, expanding tiered pricing systems, and exploring target price mechanisms for agricultural products. 3. **Fiscal and Tax Reforms**: Enhancing transparency in budgeting, reforming tax policies, and strengthening financial systems to better support the real economy. 4. **State-Owned Enterprise Reforms**: Promoting mixed ownership, defining roles for SOEs, and accelerating reforms in key sectors such as energy and utilities. 5. **Market Rules and Competition**: Establishing fair and transparent market rules, improving credit systems, and promoting efficient resource allocation. 6. **Urbanization and Rural Development**: Focusing on people-centered urbanization, improving financing mechanisms, and addressing issues like population migration and land use. 7. **Trade and Investment Facilitation**: Expanding openness in the service sector, supporting enterprises going global, and advancing initiatives like the Silk Road Economic Belt. 8. **Social Reforms**: Improving public services, healthcare, education, and housing, with a focus on fairness and inclusivity. 9. **Environmental Protection**: Strengthening conservation systems, promoting green governance, and building an ecological civilization framework. The meeting concluded with a call for unity, strong leadership, and a balanced approach to reform. It emphasized the need for careful planning, pilot testing, and legislative support to ensure sustainable and effective change. Ultimately, the goal is to achieve broader public support and create a robust foundation for long-term economic growth and stability.

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