The Development Research Center of the State Council, a Chinese government think tank, has highlighted eight key reform areas in a report ahead of a key plenum of the Communist Party of China.

The goal of the country's next round of reform is constructing a dynamic, innovation-led, inclusive and orderly socialist market economy with rule of law, according to the report, published on the official website of the China Economic Times.

The new round of reform will improve China's market economy system, transform government functions and innovate the structure of enterprises, with the goal being "to properly handle the relationship between the government and the market", the report said.