How was CPC's important document on economic system

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Last updated at: (Beijing Time) Monday, November 10, 2003

How was CPC's important document on economic system

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Senior leaders of the Chinese Communist Party (CPC) have been deeply involved in the making of the newly-released document on improving the country's emerging market economy system, a document described by experts as a milestone in China's reform and opening.

The 24-page, 12-part document approved on Oct. 14 by the ruling party, known as "The Decision of the CPC Central Committee on Issues Regarding the Improvement of the Socialist Market Economic System", outlines tasks for the central government in economic andsocial affairs in years to come.

Sources close to drafters said the decision was formulated earlier this year against the background of the great need to improve the country's irrational economic structure and income distribution, and to find solutions to such outstanding issues as the slow growth of farmers' incomes, unemployment, the imbalance between urban and rural development, and less coordinated economicand social development.

From the very beginning, the CPC Central Committee demanded people active in thinking with subtle points of view, good understanding of China's actual conditions and economic affairs todraft the document on the basis of in-depth research, discussion and advice from within and outside the Party, said the sources.

The drafting of the document was under the direct leadership ofthe Standing Committee of the Political Bureau of the central committee, they said.

The sources said Hu Jintao, general secretary of the CPC Central Committee, gave instructions several times on the general trains of thought, basic framework and major points.

The Political Bureau convened two meetings on the drafting of the document, and the standing committee proposed important revisions to draft the document in five meetings.

The drafting group was set up in Beijing on the morning of April 18, when the country was concentrating on fighting severe acute respiratory syndrome (SARS).

Entrusted by the standing committee, Premier Wen Jiabao, also member of the standing committee, served as head of the drafting group, and Deputy Premier Zeng Peiyan was named deputy head of thegroup.

Wen gave his instructions on the work agenda of the group as well as its tasks, guiding thoughts, organization, and basic framework of the document.

With famous experts and scholars and leading officials from local governments and central government departments, the draft group met for the first time later that day.

The first draft edition was completed on June 13 after four major revisions under the instructions of the CPC leaders.

General Secretary Hu had always been concerned about the making of the draft, said the sources.

The general secretary asked several times about the progress of the drafting work and issued many important instructions on it, the sources said.

Every time the draft version was submitted to the top leaders, Hu read, word by word, sentence by sentence, and put forward his comments, and made many important revisions.

During his investigations and discussion with local leaders, experts, managers, workers, and farmers on different occasions in different parts of the country, the general secretary was happy with robust development momentum, while he was very much concernedabout deep-rooted problems relating to development.

He later called for coordinated, all-round and sustainable development, and exploration of new development mode, further efforts to improve the socialist market economic system.

The scientific development view became a key guiding principle for the drafting work, said the sources.

Other senior CPC leaders, including Wu Bangguo, Wen Jiabao, JiaQinglin, Zeng Qinghong, Huang Ju, Wu Guanzheng, Li Changchun and Luo Gan, also conducted tours of investigation, and contributed many important instructions to the draft.

By Sept. 4, the drafting group received 1,700 comments and proposals from all walks of life around the country after the draft was distributed to over 100 institutions and departments forcomments and suggestion.

The drafting group handled every comment carefully and some were adopted in the draft version.

On Sept. 18 and 29, the general secretary presided over two meetings, one attended by members of the standing committee, and the other by members of the political bureau, to discuss the revised edition of the draft.

The Third Plenary Session of the Party's 16th Central Committeediscussed for three and a half days starting on Oct. 11 on the draft document, and revisions were made as a result.

On the night of Oct. 13, the general secretary presided over a meeting of the standing committee to discuss the last edition of the draft.

Revisions made during the session included grain production, poverty reduction, workshop safety, science and technology, and education.

The draft decision was unanimously adopted on Oct. 14 at the plenary session, and later made public.

Comments at home and abroad described the document as significant and far-reaching for the country's reform and opening to the outside world with important breakthroughs and innovation.

Citing as an example, the sources said the decision encouraged and supported development of the non-public economy, calling for greater market access for non-public capital to enter infrastructure, public utilities, and other sectors that laws and regulations do not bar.

Under the decision, non-public enterprises enjoy the same treatment conferred to firms of other ownership in financing, taxation, land-use and foreign trade.

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