improve the modern property rights system to ensure clearly defined ownership as well as rights and obligations, and strict protection and smooth transfer of property rights

允許混合所有制經(jīng)濟(jì)實(shí)行企業(yè)員工持股，形成資本所有者和勞動(dòng)者利益共同體。

Enterprises of mixed ownership will be allowed to introduce employee stock ownership plans (ESOP) to form a community of shared interests between capital and labor.

改革國有資本授權(quán)經(jīng)營體制

reform the mechanism of authorized operation for state-owned capital

前瞻性戰(zhàn)略性產(chǎn)業(yè)

future-oriented / pioneering strategic industries

現(xiàn)代企業(yè)制度

modern corporate system

公益性企業(yè)

public-service oriented enterprises

健全協(xié)調(diào)運(yùn)轉(zhuǎn)、有效制衡的公司法人治理結(jié)構(gòu)

improve / enhance the corporate governance structure to ensure smooth operation and effective checks and balances

深化企業(yè)內(nèi)部管理人員能上能下、員工能進(jìn)能出、收入能增能減的制度改革

deepen systemic reform in enterprises concerning both the promotion and demotion of managerial personnel, hiring and firing of employees, and salary increase and cut

國有企業(yè)要合理增加市場化選聘比例，合理確定并嚴(yán)格規(guī)范國有企業(yè)管理人員薪酬水平、職務(wù)待遇、職務(wù)消費(fèi)、業(yè)務(wù)消費(fèi)。

SOEs should appropriately increase the proportion of market-based recruitment, and properly determine and strictly regulate the salary level, post-related benefits and expenses as well as business spending of SOE managerial personnel.

把注冊(cè)資本實(shí)繳登記制逐步改為認(rèn)繳登記制

gradually replace paid-in capital registration with subscribed capital registration

推進(jìn)國內(nèi)貿(mào)易流通體制改革，建設(shè)法制化營商環(huán)境

reform the domestic trading structure and build a law-based business environment

健全優(yōu)勝劣汰市場化退出機(jī)制，完善企業(yè)破產(chǎn)制度

improve the market exit system so that the good drives out the bad and the enterprise bankruptcy system

網(wǎng)絡(luò)型自然壟斷環(huán)節(jié)

network-based natural monopolies

完善土地租賃、轉(zhuǎn)讓、抵押二級(jí)市場

improve the secondary market for land leasing, transfer and mortgage

民間資本

private capital

社會(huì)資本

non-governmental capital

多渠道推動(dòng)股權(quán)融資

promote equity financing through diverse channels

發(fā)展普惠金融

develop inclusive finance

建立健全宏觀審慎管理框架下的外債和資本流動(dòng)管理體系，加快實(shí)現(xiàn)人民幣資本項(xiàng)目可兌換

establish and improve the system for foreign debt and capital flow management within the macro-prudential framework, and move faster towards Renminbi capital account convertibility

建立健全鼓勵(lì)原始創(chuàng)新、集成創(chuàng)新、引進(jìn)消化吸收再創(chuàng)新的體制機(jī)制

set up and improve mechanisms and institutions that encourage original innovation, integrated innovation and re-innovation based on the introduction and absorption of foreign technologies

建立產(chǎn)學(xué)研協(xié)同創(chuàng)新機(jī)制

establish a mechanism for promoting industry-academia-research collaboration for innovation

打破行政主導(dǎo)和部門分割

break administrative dominance and compartmentalization of government department functions

科學(xué)的宏觀調(diào)控，有效地政府治理，是發(fā)揮社會(huì)主義市場經(jīng)濟(jì)體制優(yōu)勢(shì)的內(nèi)在要求

Sound macro control and effective government regulation are the intrinsic requirement for giving full rein to the strength of the socialist market economy.

進(jìn)一步簡政放權(quán)

further streamline government functions and devolve / delegate more power to lower levels

加快事業(yè)單位分類改革，加大政府購買公共服務(wù)力度，推動(dòng)公辦事業(yè)單位與主管部門理順關(guān)系和去行政化，創(chuàng)造條件，逐步取消學(xué)校、科研院所、醫(yī)院等單位的行政級(jí)別。

We will accelerate the reform of public institutions based on the classification of their functions, increase government purchases of public services, adjust / clearly define the relationship between public institutions and the government departments overseeing their performance, and run these public institutions as non-government institutions.  We will create conditions to abolish the administrative ranks of schools, research institutes and hospitals over time.

積極穩(wěn)妥實(shí)施大部門制

actively yet steadily advance the reform to merge government departments

必須完善立法、明確事權(quán)、改革稅制、穩(wěn)定稅負(fù)、透明預(yù)算、提高效率，建立現(xiàn)代財(cái)政制度，發(fā)揮中央和地方兩個(gè)積極性。

We must improve legislation, clearly define governing responsibilities, reform the taxation system, make tax burdens stable and budgets transparent, increase efficiency, and establish / introduce a modern fiscal system to keep both central and local governments motivated.

清理規(guī)范重點(diǎn)支出同財(cái)政收支增幅或生產(chǎn)總值掛鉤事項(xiàng)，一般不采取掛鉤方式。

We will clear up / sort out / overhaul major expenditures that are linked to increases in financial revenues and expenditures or in GDP.  Normally, there will be no linkage between them.

嚴(yán)格控制引導(dǎo)類、救濟(jì)類、應(yīng)急類專項(xiàng)

control special transfer payments for guiding, relief and emergency purposes

建立事權(quán)和支出責(zé)任相適應(yīng)的制度

establish a system whereby governing power matches responsibility of expenditure

城鄉(xiāng)二元結(jié)構(gòu)是制約城鄉(xiāng)發(fā)展一體化的主要障礙。

The separate urban-rural structures are a main obstacle to the integrated development of urban and rural areas.

賦予農(nóng)民對(duì)承包地占有、使用、收益、流轉(zhuǎn)及承包經(jīng)營權(quán)抵押、擔(dān)保權(quán)能，允許農(nóng)民以承包經(jīng)營權(quán)入股發(fā)展農(nóng)業(yè)產(chǎn)業(yè)化經(jīng)營

grant farmers the right to possess, use, profit from and transfer contracted land and the right to mortgage, guarantee the use of such land, and allow farmers to develop commercial / specialized / large-scale / industrial operation of agriculture by becoming shareholders with their contracted land-use right