On August 29, 2024, the Party Committee of China Machine Press organized high-level officials in Beijing to collectively watch, study and discuss the interview video of Yu Miaojie, a deputy to the 14^th National People's Congress, a special inspector of the National Commission of Supervision of the People’s republic of China, a fellow of the International Economic Association, and Deputy Secretary of CPC Committee and President of Liaoning University, on the analysis and interpretation of the Third Plenary Session of the 20^th Central Committee of the CPC.

On July 27, 2024, Yu Miaojie was interviewed by China.com at the China Business Development Institute (Beijing) of Liaoning University. Focusing on the core issues of ‘reform’ and ‘Chinese path to modernization’, he explained the core content and important deployment of the spirit of the Third Plenary Session of the 20^th CPC Central Committee in simple terms, interpreted in detail the new ideas, new views and new assertions of the Plenary Session, and emphasized the great significance of comprehensively deepening reform. Yu Miaojie noted that the ‘Resolution of CPC Central Committee on Further Deepening Reform Comprehensively to Advance Chinese Modernization’ was clear on China’s reform, ‘opening up’ to the outside world and economic development. He also stressed the principle that reform and ‘opening up’ reinforce each other. He emphasized that reform is a sustainable engine and a driving force. Openness is the only way, and the leadership of the Party is its fundamental guarantee. We need to promote reform through continuous ‘opening up’, drive development through reform, and achieve a virtuous cycle. China's development is the most certain factor in an uncertain world, and it is a stabilizing force in a turbulent world.

Professor Yu Miaojie's analysis and interpretation of the spirit of the Third Plenary Session of the 20^th Central Committee in the program ‘China Talk’ quickly spread and was widely discussed and well received. After watching the video, the senior management of China Machine Press believes that Professor Yu Miaojie's analysis and interpretation of the spirit of the Third Plenary Session of the 20^th Central Committee in the program ‘China Talk’ covers three important points. 

First, the reform of education, technology, and talent. Yu Miaojie emphasized the fundamental and strategic role of education, science and technology and talents in the Chinese path to modernization. He pointed out that the ‘Decision’ proposed measures to optimize the layout of higher education and promote the reform of universities through classification. He emphasized the coordinated development of humanities, social sciences, and science and engineering disciplines, believing that this is very important for the current stage of national development. He also mentioned the need to cultivate high-end talents required for new quality productivity, as well as the necessity to ensure the integration of humanities and engineering sciences.

The second point is about economic system reform. Yu Miaojie mentioned that economic system reform is the key to further comprehensively deepening reform, and its core is to build a high-level socialist market economy system. He emphasized the key concepts of ‘maximizing benefits’ and ‘optimizing efficiency’ and explained how to achieve these goals by reducing transaction costs. In addition, he also discussed how to achieve a better combination of active government and efficient market, including the realization of positive and humane  governance.

The third point is the roadmap and timetable for the Chinese path to modernization. Yu Miaojie analyzed the implications for the Chinese path to modernization in the ‘Decision’ and emphasized five aspects of modernization: modernization with a huge population, modernization with common prosperity for all people, modernization with coordinated material and spiritual civilizations, modernization with harmonious coexistence between man and nature, and modernization with peaceful development.

Middle and senior officials of China Machine Press said that Professor Yu Miaojie's interpretation comprehensively and systematically analyzed the spirit of the Third Plenary Session of the 20^th Central Committee, involving the fields of education, science and technology, talent, innovation, safety, stability, people's livelihood, economic system and the Chinese path to modernization. He was professional in analysis, profound in thought, brilliant in views and vivid in expression. His expression is refreshing and beneficial. China Machine Press would effectively work in line with the spirit of the Third Plenary Session of the 20^th Central Committee of the Communist Party of China, further deepen reform comprehensively, be honest and innovative, take practical responsibilities, and do its utmost to deliver a strong performance to promote Chinese modernization and high-quality development.