二十届三中全会前瞻：以全面深化改革推进中国式现代化

Economic System Reform - The report emphasizes the importance of improving the basic economic system to inject strong momentum into Chinese-style modernization, focusing on both public and non-public sectors[3] - The 2023 Central Economic Work Conference highlighted the need for deepening state-owned enterprise reforms to enhance core functions and competitiveness, with 2024 being a critical year for implementation[3] - By the end of May 2024, the total number of private economic entities in China reached 18.045 million, with their share of all operating entities increasing from 95.5% in 2019 to 96.4%[23] Fiscal and Tax Reforms - A new round of fiscal and tax reforms is anticipated, including the establishment of local tax systems and improvements in tax-sharing rules between central and local governments[4] - In 2023, China's fiscal spending on energy conservation and environmental protection reached CNY 563.3 billion, a year-on-year increase of 4.1%[19] - The issuance of green bonds accounted for 1.17% of the overall bond market in 2023, marking a significant recovery in green bond issuance[19] Green Transformation - The report outlines the goal of achieving a harmonious coexistence between humans and nature through comprehensive green transformation, as highlighted in the 20th National Congress[5] - The establishment of a green low-carbon circular economy system is emphasized, with a focus on developing green manufacturing and service industries[15] Macro-Economic Governance - The transition from "macro-economic regulation" to "macro-economic governance" is identified as a significant theoretical innovation, aiming for a more coordinated approach to economic management[21] - The report stresses the need for consistent macro-policy orientation across various sectors, including technology, employment, and industry, to support high-quality development[21]