Comprehensive reforms will be planned during the upcoming Third Plenary Session of the 18th Communist Party of China Central Committee in November, according to a statement by Chinese President Xi Jinping on October 23.

Xi, also General Secretary of the Party's Central Committee, made the remarks when meeting with overseas members of the Advisory Board of Tsinghua University's School of Economics and Management in Beijing.

"We must properly balance reform, development and stability. With greater political courage and wisdom, we can further unleash and develop social productivity and enhance the creative forces of society," Xi said.

The president added that it is China's basic national policy to invigorate the country through science and technology.