The Explanation of the Resolution of the Communist Party of China (CPC) Central Committee on Further Deepening Reform Comprehensively to Advance Chinese Modernization will be published on Friday.

The explanation, given by Chinese President Xi Jinping, also general secretary of the CPC Central Committee and chairman of the Central Military Commission, during the third plenary session of the 20th CPC Central Committee in July, will be published in this year's 16th issue of Qiushi Journal, a flagship magazine of the CPC Central Committee.

The Political Bureau of the CPC Central Committee decided that the third plenary session of the 20th CPC Central Committee would study the issue of further deepening reform comprehensively to advance Chinese modernization. Xi said there is a pressing need for this, given the following considerations:

– First, we need to rally support and pool strength to complete the Party's central task on the new journey in the new era.

– Second, we need to improve and develop the system of socialism with Chinese characteristics and modernize China's system and capacity for governance.

– Third, we need to promote high-quality development and better respond to the evolution of the principal contradiction in Chinese society.

– Fourth, we need to deal with major risks and challenges and secure steady and sustained progress in the cause of the Party and the country.

Xi listed the priorities in drafting the resolution as follows:

– We laid down the principles to adhere to and ensured the right political orientation on the basis of reviewing and applying the valuable experience we have gained since the launch of reform and opening up, particularly from our endeavor to comprehensively deepen reform in the new era.

– We stuck to a problem-oriented approach and worked out plans for further deepening reform comprehensively with a focus on advancing Chinese modernization and implementing the major strategic plans set out at the Party's 20th National Congress.

– We sorted out our priorities. We have prioritized institutional reform, reforms of strategic and overarching importance, and the leading role of economic structural reform, thus underscoring the guidance of reform measures.

– We adhered to the principle of putting the people first to see that reforms are designed and advanced with the people's overall, fundamental and long-term interests in mind.

– We made overarching, integrated and systematic plans to ensure that reforms in different sectors work in concert and produce desirable results.

According to Xi, in terms of its layout and content, the draft resolution features the following highlights: giving play to the leading role of economic structural reform, developing support institutions and mechanisms for all-around innovation, comprehensively advancing reform, balancing development and security imperatives, and strengthening the Party's leadership over reform.