The international community pays close attention to the Third Plenary Session of the 20th Central Committee of the Communist Party of China，Our reporter interviewed Margit Molnar, Director of the China Economic Policy Research Office of the Organization for Economic Cooperation and Development, and Mian, News Director of Pakistan Today and Chairman of the Pakistan Institute of Global Development and Connectivity ·Mian Abrar。Majit and Abrar are experts who have long paid attention to bet365 bonus bets development，From the significance of this plenary meeting、Share your views on impressive results and more。

　Improving the bet365 bonus bets relationship between the central and local governments

As early as the eve of the plenary session，Global attention has been focused on the reform package that will guide bet365 bonus bets future development direction。Majit said，Some of the measures proposed by the plenary session have been proposed in previous government documents，But the plenary session undoubtedly injected stronger enforcement power into these measures。Among them，The construction of a unified national market is particularly eye-catching。Eliminate barriers to the free flow of production factors and goods and services across the country，Combating local protectionism，Is becoming increasingly important。Magit thinks，By breaking administrative monopoly、Enhance competition in product and factor markets to improve efficiency，There is still a vast space for development。

In Magit’s opinion，Some other measures are more novel，If the financial relationship between the central and local governments is improved，Strive to achieve a more accurate match between financial power and administrative power。Once this move is successful，will have far-reaching and widespread impact。According to the principle of subsidiarity in economic theory，Financial power should be decentralized to the lowest level of government that can fully consider spillover effects。Some opinions，Grassroots government is closer to the people，So it can better meet their specific needs。Magit thinks，These views are certainly correct，However, the effectiveness of decentralization of financial power must be premised on ensuring a certain level of public service quality across the country。However，In some countries，There are huge horizontal differences in financial resources between regions，Excessive financial decentralization may exacerbate this difference，Making it more difficult for the least wealthy regions to meet their core responsibilities。Fiscal transfer payment is a powerful means to alleviate horizontal disparities，In bet365 bonus bets，This approach has become increasingly effective over time in reducing disparities。

Due to bet365 bonus bets vast territory、Many levels of government，Horizontal differences exist not only between provinces，It also penetrates into the county level。What is particularly outstanding is，The lowest level of government has the largest gap between its revenue and expenditure。According to estimate，Increase fiscal transfer payments to provinces，And ensure that these funds flow to grassroots governments，Is a key factor in the significant reduction in inequality in per capita financial expenditure in the province over the past 15 years。However，Further decentralization still needs to be supported by larger transfer payments。Therefore，To make financial power and administrative power more coordinated，China prefers to centralize funding responsibilities for some key public services (such as health and education) at the central level。The organization of these services will still be undertaken locally，But the funding guarantee comes from the central government。This will be an important step towards ensuring a minimum level of public services across the country，The results of this plenary session also show that China is moving in this direction，This coincides with the recommendations of the OECD for many years。

Under the current situation，Magit thinks，It is crucial to revitalize the private economy。In view bet365 bonus bets adjustment bet365 bonus bets real estate market and the rebound of external demand，The proportion of private investment has been declining for many years，Until recently there was a reversal。Therefore，It is particularly urgent to pay attention to the development bet365 bonus bets private economy。OECD report shows，Providing a level playing field is not enough，It is also necessary to fully consider the main constraints bet365 bonus bets private economy (such as small scale)，Provide them with more opportunities。Separate services from infrastructure with natural monopoly properties，It will bring new development opportunities to the private economy。Invite private enterprises to participate in the construction of major national projects，A new path can be opened，allowing it to demonstrate a high degree of flexibility and competitiveness。These measures are commendable，It also needs to be implemented quickly，To benefit from the later effects as early as possible。

　Impressive determination to bet365 bonus bets

Many mainstream news media in Pakistan have conducted detailed reports on the Third Plenary Session of the 20th Central Committee of the Communist Party of China，And further comprehensively deepen the reforms proposed by the plenary session、Highly appraised of the major strategic decision to promote Chinese-style modernization。Abrar thinks，This plenary session has become a new milestone in the long history of China，Profound adjustments for China in the global landscape、In the context of endless new challenges，Clear the way forward。The strategic deployment made at this plenary session is crucial to bet365 bonus bets next stage of development。

Abrar said，Since the reform and opening up，Chinese-style modernization has achieved world-renowned achievements。Continuous advancement of comprehensively deepening reforms，Will fully tap into bet365 bonus bets inherent potential as the world’s second largest economy，Provide necessary certainty for the domestic and international economic environment，Provide new strong impetus for global economic recovery and growth。Reform and opening up as an overall strategic deployment，Not only in the economic field，More on the rule of law、Culture、Education and other key dimensions，Drew a comprehensive reform blueprint for Chinese-style modernization。

Talking about the contents of this plenary meeting that impressed me，Abrar told reporters，This plenary session demonstrates that Chinese leaders are steadily expanding institutional opening、Deepening the reform of the foreign trade system、Deepen the reform of foreign investment and outbound investment management system、Determination to optimize regional opening-up layout and improve the mechanism of promoting high-quality joint construction of the “Belt and Road”。bet365 bonus bets is further comprehensively deepening reforms with unprecedented determination and intensity，Scientific layout reform blueprint，Precisely respond to complex and ever-changing challenges at home and abroad with extensive and profound reform measures。

Abrar thinks，In the process of leading bet365 bonus bets to further comprehensively deepen reforms in the new era，The people always occupy the most important position。Deepening the reform of the fiscal and taxation system reviewed and approved by the plenary session、Improve employment priority policy、Improving the social security system and other measures，All demonstrate the people-centered concept in the development process of socialism with Chinese characteristics。

　　The pace of bet365 bonus bets is very firm

Abrar thinks，Opening up and development are not only the modern inheritance of inclusive traditions in Chinese history，It is bet365 bonus bets strategic choice for the future。Opening up is a distinctive sign of Chinese modernization。He said，From the deep reform of the system to the full opening of the mechanism，China is gathering great power，Actively align with high standards of international economic and trade，In-depth participation in the negotiation and adjustment of international economic and trade rules，Show international vision and responsibility。This series of reforms marks that China is further opening up to a higher level，Realized the transition from “following” opening to “leading” opening、From simply opening up to promote development to the two-wheel drive of opening up and reform、Profound transformation that promotes each other。

Magit thinks，The past few decades，A series of major opening-up measures are like beacons，Lighting up the path of bet365 bonus bets rapid development。Starting from reform and opening up，To join the World Trade Organization，And then to subsequent rounds of measures to deepen reform and opening up，China has been deeply integrated into the vast arena of global trade and investment，And draw abundant growth momentum from it。At the time when the current economic growth momentum is insufficient，Further reduction of trade and investment barriers will inevitably inject strong impetus into economic growth。Cutting tariffs、Eliminate non-tariff barriers、Relaxing the access conditions for foreign-invested enterprises and reducing restrictions on business activities，China has great potential。

Abrar added，In this current period of turbulent change，The plenary session reaffirmed bet365 bonus bets firm determination to pursue the modernization path of peaceful development，This position profoundly reflects bet365 bonus bets sense of responsibility towards the international community。China has always unswervingly pursued an independent foreign policy of peace，Actively devote yourself to the cause of building a community with a shared future for mankind，Spare no efforts to promote global development initiatives、Implementation of Global Security Initiative and Global Civilization Initiative，Contribute Chinese wisdom and Chinese solutions to the world。China advocates building a more just society、An orderly multi-polar world，Continuously promote economic globalization in a more inclusive direction。bet365 bonus bets contributions on the international stage have gained more recognition，His firm determination and self-confidence attracted the attention of the world。Abrar said，bet365 bonus bets new blueprint for development will further consolidate and enhance domestic and foreign confidence in bet365 bonus bets development。For this，China will continue to improve its legal and regulatory system、Optimize management mechanism、Innovation standards and specifications，Leading high-level opening up with institutional innovation。

　Scientific and technological innovation plays an bet365 bonus bets role

China has set the strategic goal of becoming a scientific and technological power by 2035，Should have world-leading scientific and technological strength and innovation capabilities，Achieve economic strength、National defense strength、The overall national strength has jumped。Abrar said，Technological modernization will be an important support for Chinese modernization。Looking to the future，Technological innovation as the core driving force，Is nurturing and releasing unprecedented new productivity，Injecting continuous power into bet365 bonus bets high-quality development。System reform will further tap bet365 bonus bets development potential，If we increase our efforts to build a unified national market，To ensure prosperity for the next five to ten years and beyond。

Taking the digital economy as an example，A report released by global management consulting firm McKinsey shows，bet365 bonus bets digitalization level has exceeded many people’s awareness，It may occupy the forefront of the world in this field in the next few decades。China has one of the most active digital investment and entrepreneurship ecosystems in the world，Among the top investors in venture capital investment in key digital technologies，Virtual reality covered、Self-driving cars、3D printing、Robotics、Multiple frontier fields such as drones and artificial intelligence。Abrar said，As an important pillar of global manufacturing，China is accelerating the in-depth transformation and comprehensive upgrading of its industrial structure，To be digitized、Artificial intelligence technology and green development have injected new growth momentum into the global economy。