National Development and Reform Commission, Opinions on the Key Tasks Involved in Intensifying the Reform of the Economic System in 2013

(3) Establishing a sound state-owned capital operating budget and returns sharing system covering all state-owned enterprises (Article 7).

(4) Steadily promoting the reform of making interest rates and exchange rates more market-oriented. Progressively expanding the float range for interest rates on deposits and loans, and establishing and improving a market-determined benchmark interest rate system. Improving the mechanism for determining renminbi exchange rates and fully leveraging the fundamental role of market supply and demand in determining exchange rates. Steadily promoting the convertibility of the renminbi on the capital account, establishing a system for offshore investment by qualified domestic individual investors and studying the promotion of the offering of renminbi-denominated bonds in China by qualified foreign organisations (Article 8).

(5) Improving the system of business rules for the over-the-counter equity trading market, and expanding the scope of the pilot small and medium-sized enterprise share transfer system. Promoting the establishment of a futures market for bulk commodities such as coal, iron ores and crude oil and a sovereign bond futures market (Article 9).

(6) Promoting the formulation of an implementation plan for a deposit insurance system, and establishing a sound compensation and sharing mechanism for financial institution failure risk so as to give rise to an effective risk handling and market withdrawal mechanism. Accelerating the compliant development of privately run financial institutions (Article 10).

(7) Promoting reform of power pricing, simplifying the categories of power sales prices, expanding the scope of implementation of identical pricing for electricity used in industry and commerce, and improving the coal and power price linkage mechanism and the mechanism for determining the on-grid price for hydroelectric power and nuclear power. Promoting the establishment of a national coal trading market system. Promoting reform of natural gas pricing, and gradually harmonising the price relationship between natural gas and alternate energy sources. Promoting pilot projects for reforming the system of direct power purchases by large users and power sales side electricity (Article 13).

(8) Depending on the overall carrying capacity of cities and the migrant population situation, promoting reform of the household registration system and progressively expanding the coverage of basic public services to the qualified permanent resident population (Article 20).