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

The 20th Central Committee of the Communist Party of China convened its fourth plenary session in Beijing from Monday to Thursday.

Participants at the session deliberated over and adopted the Recommendations of the CPC Central Committee for Formulating the 15th Five-Year Plan for Economic and Social Development, according to a communique of the session released on Thursday.

The Political Bureau of the CPC Central Committee presided over the meeting. Xi Jinping, general secretary of the CPC Central Committee, delivered important addresses, according to the communique.

The participants heard and discussed a report presented by Xi on the work of the Political Bureau.

Xi also delivered explanatory remarks on the draft recommendations.

At the session, the CPC Central Committee fully affirmed the work of the Political Bureau since the third plenary session of the 20th CPC Central Committee.

China is now on the verge of accomplishing the major objectives and tasks of the 14th Five-Year Plan, according to the communique.

Participants at the session gave a highly positive assessment of China’s major development achievements during the 14th Five-Year Plan period (2021-2025), which has marked a momentous and extraordinary period in the country’s development.

At present, China remains in a phase of development where strategic opportunities exist alongside risks and challenges, while uncertainties and unforeseen factors are rising.

“All of us in the Party must acquire a deep understanding of the decisive significance of establishing Comrade Xi Jinping’s core position on the Party Central Committee and in the Party as a whole and of establishing the guiding role of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era,” said the communique.

At the session, the CPC Central Committee established the following guiding principles for economic and social development during the 15th Five-Year Plan period: upholding the Party’s overall leadership; putting the people first; pursuing high-quality development; comprehensively deepening reform; promoting interplay between an efficient market and a well-functioning government; and ensuring both development and security.

The CPC Central Committee also set the following major objectives for the 15th Five-Year Plan period: significant advancements in high-quality development; substantial improvements in scientific and technological self-reliance and strength; fresh breakthroughs in further deepening reform comprehensively; notable cultural and ethical progress across society; further improvements in quality of life; major new strides in advancing the Beautiful China Initiative; and further advances in strengthening the national security shield. Xinhua