CPC plenum concludes, adopting recommendations for China's 15th Five-Year Plan

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00:00The

00:22session was held from Monday to Thursday in the Chinese capital.

00:25According to a communique released on Thursday, participants deliberated over an

00:29adopted the recommendations of the CPC Central Committee for formulating the 15th Five-Year

00:35Plan for Economic and Social Development.

00:38The Political Bureau of the CPC Central Committee presided over the meeting with General Secretary

00:43Xi Jinping delivering important addresses.

00:46Participants heard and discussed a report presented by Xi on the work of the Political

00:50Bureau.

00:51Xi also delivered explanatory remarks on the draft recommendations.

00:55At the session, the CPC Central Committee fully affirmed the work of the Political Bureau

01:01since the third plenary session of the 20th CPC Central Committee.

01:10According to the communique, China is now on the verge of accomplishing the major objectives

01:15and tasks of the 14th Five-Year Plan.

01:19Participants gave a highly positive assessment of China's major development achievements during

01:23the 14th Five-Year Plan period, describing it as a momentous and extraordinary stage in

01:28the country's development.

01:30The communique says the next five-year period will be critical as China reinforces its foundations

01:35and pushes ahead on all fronts towards basically achieving socialist modernisation by 2035, serving

01:42as a key link between the past and the future.

01:45At present, China remains in a phase of development where opportunities coexist with risks and challenges,

01:52while uncertainties and unforeseen factors are on the rise.

01:55The session also set the guiding principles for economic and social development during the

02:0015th Five-Year Plan period.

02:02They include upholding the party's overall leadership, putting the people first, pursuing

02:07high-quality development, comprehensively deepening reform, promoting interplay between

02:12an efficient market and a well-functioning government, and ensuring both development and security.

02:18Major objectives for the period were also outlined.

02:21They include significant advancements in high-quality development, substantial improvements

02:26in scientific and technological self-reliance and strength, fresh breakthroughs in further deepening

02:31reform, notable cultural and ethical progress across society, further improvements in quality

02:37of life, major new strides in advancing the Beautiful China Initiative, and further advances

02:43in strengthening the national security shield.

02:46According to the communique, China should build a modernised industrial system and strengthen

02:50the foundations of the real economy.

02:53It should enhance self-reliance and strength in science and technology, and steer the development

02:58of new quality, productive forces.

03:01The communique also says the country should build a robust domestic market, working faster

03:06to foster a new pattern of development.

03:09It should further accelerate efforts to develop a high-standard socialist market economy and boost

03:14the momentum for high-quality growth.

03:17The communique further notes that the country should promote high-standard opening up and create

03:22new horizons for mutually beneficial cooperation.

03:26It should accelerate agricultural and rural modernisation, taking solid steps to advance all-round

03:32rural revitalisation.

03:34China should refine its regional economic layout and promote coordinated regional development.

03:40The communique adds that the country should also inspire the cultural creativity of the

03:44entire nation and foster a thriving socialist culture.

03:49It should work harder to ensure and improve public wellbeing and promote prosperity for all.

03:55China should accelerate the green transition across the board in an effort to build a beautiful

04:00China.

04:01It should also modernise its national security system and capacity, advancing the peaceful

04:06China initiative to a higher level.

04:09According to the communique, China should work to achieve the centenary goals of the People's

04:13Liberation Army on schedule.

04:16And continue to modernise national defence and the armed forces.

04:20The communique also analysed the current situation and key risks.

04:24It says China must stay focused on meeting this year's economic and social goals.

04:29Efforts should aim to stabilise jobs, businesses, markets and expectations.

04:34The communique says China will keep the economy steady and maintain recovery momentum.

04:39Macroeconomic policies will keep their strength and be adjusted when needed.

04:45Local measures for companies will stay in place.

04:47A special campaign will boost consumption.

04:50The communique also highlights the need to secure the three guarantees – basic livelihoods,

04:56wages and operations – at the grassroots level.

04:59It calls for prudent steps to ease local government debt risks.

05:03Improving people's wellbeing is another priority.

05:06The communique urges a stronger job creation, especially for key groups.

05:11It calls for tougher action on wage arrears and better basic public services.

05:17Authorities should address pressing public concerns and speed up post-disaster reconstruction.

05:22It also says displaced residents should be properly resettled and kept warm through the winter.

05:28The communique stresses the importance of safety and stability.

05:31It calls for clear safety responsibility and strict supervision.

05:36Other accidents must be firmly prevented.

05:38Food and drug safety oversight will be strengthened.

05:42Disputes should be identified and resolved early.

05:45Public security management will be improved.

05:47And illegal acts punished by law.

06:06Public security management will continue to ensure public salvation of students.

06:10They will finally

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