China unveils proposals for formulating nation's five-year plan

Military reform

China will speed up reform of the military, aiming to reach its reform target by 2020.

Health system reform

The Party proposed advancing the comprehensive reform of public-owned hospitals, breaking their mechanisms for seeking profits and building a personnel and remuneration system appropriate for the health industry.

It called for optimizing distribution of health resources, improving basic health service, promoting health resources to rural and grassroots level, and developing telemedicine. General practitioners, family doctors and electronic health records should be promoted.

The proposal encouraged private sectors to run health services and vowed to give them the same status as public-owned institutions.

In addition, it vowed to strengthen monitoring of health care quality, improving mechanisms to mediate medical disputes in a bid to build a harmonious doctor-patient relations.

Development fund

China will establish the Green Development Fund to promote clean production mode and sustainable growth.

"Green" development

China will embrace a "green" development model in the next five years, implementing a more exacting environmental protection system to reduce carbon emissions.

The country will continue to develop wind, solar, biomass, water, geothermal and nuclear energy, as well as explore deposits natural, shale and coal bed gases.

Energy-intensive industries, such as power, steel, chemical and architectural material will be subject to carbon emission control regulations.

Cycling and new energy vehicles will also be promoted to encourage a "green" and sustainable lifestyle.

Innovation

Startup incubators and crowd-funding will be promoted, angel investment and venture capital investment encouraged; government intervention in private companies will be restricted, approvals streamlined, and administrative fees cut. A ubiquitous, fast, mobile information network will balance improvements to the transportation and mail delivery networks.

Green technology, biotechnology, information technology, smart manufacturing, high-end equipment and new energy will be generously supported. The Internet Plus action plan will integrate the Internet with traditional sectors of the economy, and China will lead the world in developing the next generation of Internet. Support for research in fundamental sciences will lead to breakthroughs in sectors such as information technology and aerospace science.

Universities and research institutes will have the liberty to become innovation leaders with greater powers in making decisions on research and funding.

The manufacturing sector will become more flexible, smarter and more sophisticated.

Excess capacity in certain industries will be digested through economic and legal means to improve the market exit mechanism.