Xi urges more reforms to give people greater sense of gain

President Xi Jinping urged at an important meeting on Monday further efforts to give the people a greater sense of gain through improving the effectiveness of reforms.

The country should introduce more reforms that can help invigorate the economy, promote social justice, give people a greater sense of gain and mobilize the participation of the masses, according to a statement released after a meeting of the Central Leading Group for Deepening Overall Reform, chaired by Xi, head of the group.

The group pledged to step up supervision of State-owned enterprises and assets through strict and independent auditing, and to strengthen scrutiny over the budget and use of State capital.

China will seek a unified national natural resource asset management mechanism to improve the effectiveness of asset protection, according to the statement.

The group also urged to set up an effective intellectual property rights management mechanism to support innovation.

It asked authorities to map out reform work for next year to ensure overhauls proceed steadily with fresh momentum as the 19th Communist Party of China National Congress approaches.

Over the course of the 30 meetings convened by the leading group since December 2013, hundreds of measures have been designed and released to address issues such as urbanization, poverty alleviation, innovation and the market's role in resource allocation.