- Central Principles

To adhere to socialism with Chinese characteristics and take Deng Xiaoping Theory, the important thought of Three Represents and the Scientific Outlook on Development as guidance to action

- General Objectives

To improve and develop socialism with Chinese characteristics and push on with modernization of the country's governing system and capabilities

- Timeframe

Decisive results to be achieved in all key sectors by 2020

- Focus

Carrying out economic restructuring with the aim to establish a proper relationship between the government and the market, leaving the market to play a decisive role in the allocation of resources and for the government to play a better role

- Two New Organizations

A central leading team for reform to be in charge of designing and supervising the implementation of reform programs, arranging and coordinating reform measures, and pushing forward reform as a whole

A state security committee to improve systems and strategies in place and to better ensure national security

- Major reforms

1. Sticking to the dominant role of public ownership while encouraging, supporting and guiding the private sector to enhance its vitality and creativity;

2. Building a united and open market system with orderly competition so that the market can play a "decisive" role in allocating resources;

3. Transforming government functions and building a law-based and service-oriented government;

4. Building a modern fiscal system that supports the initiative of both central- and local-level governments;

5. Improving relations between industry and agriculture as well as between urban and rural areas, giving farmers more property rights, and promoting equal exchanges of production factors while balancing allocation of public resources between urban and rural areas;

6. Lowering investment thresholds, stepping up the development of free trade zones and increasing the opening up of inland, coastal and border areas;

7. Attaching greater importance to perfecting a democratic system and enriching democratic forms to show the advantages of China's socialist political system;

8. Deepening judicial system reform and upholding the rights and interests of the people;

9. Ensuring transparency during exercises of power and accepting supervision from the general public;

10. Establishing and improving a modern cultural market system;

11. Accelerating reform in social sectors such as education, employment, income distribution, social security and public health;

12. Innovating the social governance system to effectively prevent and end social disputes, and improving public security through establishing a state security committee;

13. Building a comprehensive system for ecological progress, including an ecological compensation system;

14. Building up a modern armed force with Chinese characteristics;

15. Strengthening the CPC's leadership role in deepening reform, and setting up a central leading team for "comprehensively deepening reform."

(Sources: Xinhua News Agency and The Beijing News)