Chi Fulin, president of the China Institute for Reform and Development, called for the immediate release of the framework.

Chi said the state capital and revenue should be a major source of social welfare and state-owned operations should contribute more to public welfare.

More revenue should be taken from state-owned companies, from the current 10 to 15 percent to about 25 percent in five years, he suggested.

About the broadcaster:

Emily Cheng is an editor at China Daily. She was born in Sydney, Australia and graduated from the University of Sydney with a degree in Media, English Literature and Politics. She has worked in the media industry since starting university and this is the third time she has settled abroad - she interned with a magazine in Hong Kong 2007 and studied at the University of Leeds in 2009.

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