Advancing the reform of SOEs and the development of non-public economies. Led by the State-Owned Assets Supervision and Administration Commission, the Ministry of Industry and Information Technology and the Ministry of Finance, the reform will speed up the restructuring of central enterprises, establish and improve structural optimization and strategic adjustment mechanisms of state capital, and promote the flow of state capital to major industries, key areas and basic public service sectors closely related to state security and the national economy.

As for the reform of SOEs, the focus will be on advancing the reform of monopolized industries. Three industries are involved: researching and formulating reform proposals for the railway industry; researching and tabling reform proposals for the salt industry; advancing and carrying out reform of power grid companies; and improving regional power market construction and organizing experiments for power mechanism reform.

Speeding up the transformation of government functions, deepening the reform of planning, fiscal, taxation and investment mechanisms and improving the macro-control mechanism.

As for the financial reform, the country will advance shareholding the reform of Agricultural Bank of China and the reform of the China Development Bank, and formulate reform proposals for the Export-Import Bank of China and the Agricultural Development Bank of China.

Speeding up social reform. The country will research the establishment of a regulating mechanism covering monopoly profits; improve the mechanism of a special oil gain levy; launching at the proper time guiding opinions on furthering the reform of income distribution; and reforming the payroll management of SOEs and strengthening supervision over payroll of monopoly companies.

Advancing construction of the modern market system and deepening the reform of resource prices.

Deepening reform in rural areas and establishing a long-acting mechanism that promotes agricultural development with industrial development and advances rural development with urban development.

Speeding up foreign-related economic reform and improving an open economic mechanism that is balanced, mutually beneficial, safe and effective.(Beijing Review)