HomeDiplomatic NewsDiplomacyPresident Xi chairs symposium, urges to expedite modernization in China

President Xi chairs symposium, urges to expedite modernization in China

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Jinan, 25 May 2024 (TDI): Chinese President Xi chaired the symposium and emphasized the importance of furthering comprehensive reform, with a focus on achieving Chinese modernization.

President Xi, the general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, made these comments while leading a symposium in Jinan, Shandong Province. The symposium was attended by members from enterprises and academia.

“Reform is the primary catalyst for development,” Xi stated, emphasizing the need to intensify reform in all areas.

In addition, He highlighted the importance of concentrating efforts on the fundamental objectives of enhancing and advancing the socialist system with distinct Chinese characteristics, as well as upgrading China’s governance structure and capabilities.

While President Xi presided symposium, he suggested that China should decisively address the ideological and institutional obstacles that impede the progress of Chinese modernization.

Additionally, he emphasized the need for China to intensify its efforts in resolving long-standing institutional hurdles and structural issues.

Furthermore, Xi’s visit to Shandong marks his inaugural local inspection following the meeting of the CPC Central Committee Political Bureau on April 30.

During the meeting, it was determined that the third plenary session of the 20th CPC Central Committee will take place in Beijing in July.

The main focus of the session will be to analyze matters about the continued and thorough deepening of reform and the advancement of Chinese modernization.

Moreover, At the symposium, nine representatives—including business owners from state-owned, private, and foreign-funded companies—spoke on a range of topics related to broadening reform.

These reforms included fostering venture capital investment, modernizing established industries, enhancing private company corporate governance, and enhancing the environment in which foreign companies can operate.

Furthermore, before making significant decisions or drafting important documents, the CPC has a consistent policy of conducting in-depth research and widely soliciting the opinions of various parties, according to Xi.

Additionally, Relevant departments should also carefully review and consider suggestions made during the symposium for further deepening reform in a comprehensive manner.

According to President Xi, China should uphold and advance its fundamental economic structure while attempting to create a sophisticated socialist market economy.

According to him, reforming the economic system should begin with addressing the most pressing issues and realistic demands. It should also promote institutional and theoretical innovation while resolving real-world issues.

“The Chinese people’s desire for an improved quality of life is the objective we have been working hard to achieve, and the ultimate aim of implementing reforms and fostering progress is to enhance the well-being of the population,” stated Xi.

However, he stressed the importance of identifying the crucial areas for reform and making significant progress based on the urgent concerns and desires of the public such as employment, income growth, education, healthcare, housing, government services, childcare, elderly care, personal safety, and property security.

Xi emphasized the non-negotiable principles that must be upheld during the reform process, regardless of the methods and locations involved.

These principles include maintaining the Party’s overall leadership, adhering to Marxist ideology, following the road of socialism with Chinese characteristics, and safeguarding the people’s democratic dictatorship.

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“At the same time, we must dare to innovate and do a good job in reforming what should be and could be reformed, and persist in our efforts once we find the right path,” Xi stated.

Attending the symposium were Wang Huning, chairman of the Chinese People’s Political Consultative Conference’s National Committee, and Cai Qi, director of the CPC Central Committee’s General Office and a member of the Standing Committee of the Political Bureau of the CPC Central Committee.

Syeda Ayesha Noor
Syeda Ayesha Noor
Aisha Noor is a graduate in International Relations from the University of Sindh, Jamshoro and works for The Diplomatic Insight.

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