BEIJING -- The fourth plenary session of the 20th Communist Party of China (CPC) Central Committee will be held in Beijing from Oct 20 to 23, according to a decision made at a CPC Central Committee Political Bureau meeting on Monday.

The meeting discussed major issues related to the formulation of the 15th Five-Year Plan (2026-2030) for national economic and social development.

Xi Jinping, general secretary of the CPC Central Committee, chaired the meeting.

The Political Bureau heard a report regarding the opinions solicited from in and outside the CPC on the CPC Central Committee's proposals for formulating the 15th Five-Year Plan, and decided that the document will be revised based on the discussion at Monday's meeting and submitted to the fourth plenary session for review.

The meeting underlined the importance of upholding the Party's overall leadership during the 15th Five-Year Plan period and adhering to a people-centered approach to ensure that more benefits of modernization are shared more fairly among all the people.

It stressed the need to stay committed to high-quality development, foster new quality productive forces in line with local conditions, and comprehensively deepen reform while further expanding high-level opening-up.

China will promote better interplay between an efficient market and a well-functioning government, giving full play to the decisive role of the market in the allocation of resources and ensuring the government plays its role better.

The meeting also urged efforts to ensure both development and security and effectively prevent and defuse risks in key areas.

Upholding and strengthening the Party's overall leadership is the fundamental guarantee for advancing Chinese modernization, the meeting noted. It is a must to continuously advance full and rigorous Party self-governance and to enhance the Party's capacity for leading economic and social development.