The Central Committee of the Communist Party of China holds a news conference on the guiding principles from the third plenary session of the 20th CPC Central Committee on July 19, 2024. [Photo by Wang Zhuangfei/chinadaily.com.cn]

The Central Committee of the Communist Party of China held a news conference on Friday on the guiding principles from the third plenary session of the 20th CPC Central Committee. Here are the highlights:

Reform resolution is most important outcome of latest CPC plenum: official

The resolution adopted by the 20th Central Committee of the Communist Party of China on further deepening reform comprehensively to advance Chinese modernization at its third plenary session has put forward more than 300 important reform measures, an official said on Friday.

China vows more opportunities for private enterprises

China vowed to create a favorable environment, to offer more opportunities for private enterprises, and enhance mechanisms for private companies to participate in major national projects, said a senior financial official at a news conference on Friday.

China will advance reforms in monopoly sectors

China will advance the market-oriented reforms in monopoly sectors within industries, such as energy and railways, said a senior financial official on Friday.

China to enhance green, low-carbon and circular development

China will firmly deepen the reform of the ecological civilization system and accelerate the planning and construction of a new energy system to better promote green, low-carbon and circular development of the country, a senior economic official said on Friday.

China to continue pursuing high-standard opening-up

China will staunchly adhere to international economic and trade rules and steadily expand institutional opening-up, in order to develop new institutions for a higher-standard open economy and translate its vast market into a significant opportunity for the world, a senior official said on Friday.

Resolution highlights mechanism for integrated urban-rural development

The resolution adopted by the 20th Central Committee of the Communist Party of China on further deepening reform comprehensively to advance Chinese modernization at its third plenary session has highlighted the importance of improving the mechanism for integrated urban-rural development, a senior official said on Friday.

China to step up efforts for financial reforms

China expects to improve its macroeconomic governance system with further efforts to deepen the reform of the fiscal and financial systems as well as enhanced fiscal policy consistency, an official said on Friday.

New quality productive forces will be one of China's top priorities

Driving a shift to new quality productive forces will be among China's top priorities in promoting high-quality development in the long run, said Han Wenxiu, executive deputy director of the office of the Central Committee for Financial and Economic Affairs.