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The DRC report details eight main reform areas. The areas cover monopoly industries, land, finance, tax and fiscal systems, opening-up, government administration, state-owned assets, as well as boosting innovation and green development.

BEIJING, Oct. 30 (Xinhua) -- Chinese top political advisor Yu Zhengsheng said here Wednesday that China is ready to work with Indonesia to advance their all-round strategic partnership.

A report from the Reuters news agency said the detailed document released on Friday, following the concluded Third Plenary Session of the 18th CPC Central Committee, shows China's determination to carry out "the boldest set of economic and social reforms in nearly three decades" to put the world's second-largest economy on a more stable footing.

China must press ahead with the transformation of foreign trade, focusing on long-term growth, he said, noting the need for more Chinese-owned brands and the development of new types of trade, such as e-commerce.

To stabilize and boost economic growth, China must deepen and speed up reforms in various fields, and the reforms must focus on improving the quality and efficiency of growth and seeking a sustainable development, Li said.