President Xi urged officials to push forward reforms but avoid being rash and reckless in the process.
The Chinese leadership has listed combating the abuse of power as a priority of its reforms, in a bid to tighten restrictions on the exercise of power by leading officials.
Susan Rice, Obama's national security adviser, said Wednesday despite the differences between China and the US, their interests on many of the major challenges can and should be more closely aligned.
Experts believe the CPC third plenum and detailed document are of great significance to China and the world.
Population urbanization, which will offer rural migrants the same public services that city residents enjoy, is the goal of the country's rural reform, a senior agricultural official said.
Reformers hope that the CPC third plenary session will signal progress not only on financial liberalization, but also on land reform and possibly the reform of powerful State-owned enterprises.
Premier Li Keqiang has repeatedly called for urbanization, but who will benefit from it rests on the reform of hukou, or the household registration system. New platform for urbanization Hukou problems to meet friendlier assistance
Local governments have been requisitioning non-agricultural land from farmers, who get compensated far less than what they demand, creating social disparity. Govt must enact land reform
Income distribution reform has once again come under the spotlight in China as observers pin high hopes on the upcoming key session of the Communist Party of China (CPC) scheduled to open on Saturday.
Major steps to reform State-owned enterprises will be taken after the four-day Third Plenum of the Communist Party of China's 18th Central Committee. SOE reform essential to a stable economy
The 18th CPC Central Committee convened its third plenum on November 9-12 to discuss major economic and social issues concerning comprehensive reform.
The establishment of more universal housing rights and recognition of the role of the market would prompt diverse housing development.
The policy orientation that is clear throughout the CPC communique is a reassuring balance of resolve and prudence, the balance needs at the moment.
If executed successfully,China will witness a tranformational change for the good in every field that really matters to the country.
In this way they may even outwit US one day as the new leadership is more dynamic and visionary it seems.
The First Plenary Session of the 18th CPC Central Committee elected a new central leadership, including members of the Political Bureau, and members of the Standing Committee of the Political Bureau.
The Second Plenary Session of the 18th CPC Central Committee adopted a list of candidates for state leadership positions and a government reform plan.