What is the great contribution of the Third Plenary Session of the 12th CPC Central Committee?

The decision on economic system reform adopted by the Third Plenary Session of the 12th CPC Central Committee clearly pointed out that China's socialist economy is a planned commodity economy based on public ownership.

2. Respect knowledge and talents.

The "Decision" pointed out that in carrying out socialist modernization, we must respect knowledge and talents, fight against all thoughts and behaviors that despise science and technology, intellectual development and intellectuals, resolutely correct the discrimination against intellectuals that still exists in many places, and take effective measures to improve the social status of intellectuals and improve their working and living conditions.

3. Reform of the price system.

Since the reform and opening up, with the further expansion of enterprise autonomy, the role of price in regulating the production and operation activities of enterprises has become more and more obvious, and it is more urgent to establish a reasonable price system. The price system reform is the key to the success or failure of the whole economic system reform.

4. Enhance the vitality of enterprises.

The "Decision on Economic System Reform" points out that enhancing the vitality of enterprises, especially large and medium-sized enterprises owned by the whole people, is the central link of the whole economic system reform focusing on cities.

5. Separation of responsibilities between government and enterprises.

The "Decision on Economic System Reform" pointed out that in the past, due to the long-term separation of responsibilities between government and enterprises, enterprises actually became appendages of administrative agencies, and compartmentalization and mutual wrangling made the work of enterprises more difficult. It is an urgent need to invigorate enterprises and the whole national economy to carry out reform according to the principle of separating government from enterprises and simplifying administration and decentralizing power.

China * * * Production Party News Network-Keywords of the Third Plenary Session of the 12th CPC Central Committee