7月18日
Adopted at the Third Plenary Session of the 20th Central Committee of the Communist Party of China
Decision of the Central Committee of the Communist Party of China on Further Comprehensively Deepening Reform and Promoting Chinese-Style Modernization
The key points related to the coal industry in the Decision are as follows
01
State-owned assets and state-owned enterprises
We will deepen the reform of state-owned assets and state-owned enterprises, improve the management and oversight systems and mechanisms, and strengthen relevant management departmentsStrategic synergyPromote the optimization of the layout and structural adjustment of the state-owned economy, promote state-owned capital and state-owned enterprises to become stronger, better and bigger, enhance core functions and enhance core competitiveness。
We will further clarify the functional positioning of different types of state-owned enterprises, improve the management of their main responsibilities and businesses, and clarify the key investment areas and directions of state-owned capital。
We will promote the reform of independent operation of natural monopolies and market-based competition in sectors such as energy, railways, telecommunications, water conservancy, and public utilities, and improve regulatory systems and mechanisms。
We will improve the system of modern enterprises with Chinese characteristics, promote entrepreneurship, support and guide enterprises of all types to improve their efficiency in the use of resources and factors, improve their operation and management, fulfill their social responsibilities, and accelerate the development of more world-class enterprises。
02
Unified large market
We will promote water, energy and transportationPrice reformOptimize the system of tiered water, electricity and gas prices for residents and improve itPricing mechanism for refined oil products。
We will deepen reform of the energy management system, develop a unified national electricity market, and improve the operation and scheduling mechanism of oil and gas pipelines。
03
New quality productivity
We will promote revolutionary breakthroughs in technology, innovative allocation of production factors, and in-depth transformation and upgrading of industries. We will optimize the mix and upgrade of workers, labor means, and labor objects, foster new industries, new models, and new drivers of growth, and develop productive forces characterized by high technology, high efficiency, and high quality。
Lead the optimization and upgrading of traditional industries with the improvement of national standards, and support enterprises to transform and upgrade traditional industries with digital intelligence technology and green technology。
04
Industrial chain
Establish an industrial chain and supply chain security risk assessment and response mechanism。
We will move faster to improve the national reserve system。We will improve the system for coordinating exploration, production, supply, storage and marketing of strategic mineral resources。
05
Scientific and technological innovation
Strengthen the dominant position of enterprises in scientific and technological innovation, establish a mechanism for cultivating and expanding leading enterprises in science and technology, strengthen the deep integration of enterprise-led production, university and research, and establish enterprise research and developmentReserve systemSupport enterprises to take the initiative to lead or participate in national science and technology research tasks。
06
Financial reform
We will develop diversified equity financing, accelerate the development of a multi-tiered bond market, and increase the proportion of direct financing。We will improve the management system for state-owned financial capital。
07
Regional development
We will improve the mechanisms for developing the Yangtze Economic Belt and ecological protection and high-quality development in the Yellow River basin。
08
Belt and Road Initiative
We will strengthen multilateral cooperation platforms in green development, digital economy, artificial intelligence, energy, taxation, finance and disaster reduction。
09
Democracy at the grassroots level
We will improve the democratic management system in enterprises and public institutions with workers' congresses as the basic form, and improve effective forms for workers to participate in management。
10
Ecological civilization
We will establish an assessment and oversight system for accountability for ecological and environmental protection, protection and utilization of natural resources, and asset preservation and appreciation。
We will promote the establishment of an integrated upstream and downstream ecological and environmental governance system in major river basins。
We will implement the red line management system for ecological protection, improve the integrated protection and systematic management mechanism for mountains, rivers, forests, fields, lakes, grasslands and sand, and establish a diversified investment mechanism for ecological protection and restoration。
11
Green and low-carbon
We will implement fiscal, taxation, financial, investment, and pricing policies and standard systems to support green and low-carbon development, develop green and low-carbon industries, improve the incentive mechanism for green consumption, and promote the construction of an economic system for green, low-carbon and circular development。
We will improve the mechanism for clean and efficient use of coal。We will accelerate the planning and development of a new energy system and improve policies and measures for the consumption and regulation of new energy sources。
Establish a new mechanism for the comprehensive transition from dual control of energy consumption to dual control of carbon emissions。
We will establish a statistical accounting system for carbon emissions, a product carbon labeling and certification system, and a product carbon footprint management system, improve the carbon market trading system and the voluntary greenhouse gas emission reduction trading system, and actively yet prudently promote carbon peaking and carbon neutrality。
12
Security governance
We will strengthen the foundation and strength of emergency response at the community level and improve our capacity for disaster prevention, mitigation and relief。
We will improve the mechanisms for investigating and recalibrating workplace safety risks and conducting backward responsibility checks。