BEIJING, May 11 -- Xi Jinping, general secretary of the Central Committee of the Communist Party of China (CPC), called for coordinated efforts and orderly progress in the planning and implementation of institutional reform at the central and local levels to ensure complete victory in the area.
Xi, also Chinese President, Chairman of the Central Military Commission, and head of the central committee for deepening overall reform, made the remarks when presiding over the second meeting of the committee on Friday.
Deputy heads of the committee Wang Huning and Han Zheng attended the meeting.
China should make good use of the experience from progress made in the institutional reform of the central and state organs since the third plenary session of the 19th CPC Central Committee, and carefully plan local institutional reform, Xi said.
The meeting reviewed and approved a series of official documents on areas including reform of local institutions, constraints on state-owned enterprises' (SOEs) assets and liabilities, basic pension funds for business employees, and management rules for executives of centrally administered SOEs.
The meeting also reviewed a report on the progress of deepening reform of Party and state institutions, said a statement released after the meeting.
It also said that reinforcing the asset and liability constraints on SOEs is important for reducing leverage ratios and defusing debt risk.
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