The plenum was conducted in Beijing from 15 to 18 July 2024. During the plenum, Xi Jinping presented a work report to the 20th Central Committee on behalf of the Politburo, focusing on further deepening reforms and advancing
Chinese-style modernization. The plenum heard and debated the work report presented by Xi on behalf of the Politburo. The plenum also reviewed and approving the
Resolution of the CCP Central Committee on Further Deepening Reform Comprehensively to Advance Chinese Modernization, with Xi explaining the Resolution to the plenary session. Regarding economics, the resolution said they must "better leverage the role of the market" and "make resource allocation as efficient and productive as possible", calling on to "lift restrictions on the market" while ensuring effective regulation" and "strive to better maintain order in the market and remedy market failures". The resolution also highlighted efforts in "building a unified national market". The resolution also focused heavily on "deepening the reform of the fiscal system, deepening financial system reform, and improving the mechanism for implementing the regional coordinated development strategy," referring to the financial and fiscal sectors as "key areas." The communique of the plenum stated all the reform tasks laid out in the resolution would be completed by the 80th anniversary of the People's Republic of China in 2029. Following the
CCP Constitution, the plenary session agreed to replace alternate members of the Central Committee
Ding Xiangqun,
Yu Lijun, and
Yu Jihong to members. The plenary session also agreed to remove
Qin Gang from the Central Committee by accepting his appeal for resignation. The plenary session reviewed and approved the
CCP Central Military Commission on the investigation of the issues of significant disciplinary violations by
Li Shangfu,
Li Yuchao, and
Sun Jinming and confirmed the disciplinary actions previously taken by the Politburo in dismissing Li Shangfu, Li Yuchao, and Sun Jinming from the Party. == Aftermath ==