This conference report summarizes recent progress in plasma theory and simulation that was presented in contributed papers and discussions at the 11th Conference on Magnetic Confined Fusion Theory and Simulation (CMCFTS 2023) Chengdu, China, 27-30 October 2023. Progress in various fields has been achieved. For example, results on the zonal flow generation by mode coupling, simulations of the key physics of divertor detachment, energetic particle effects on magnetohydrodynamic modes in addition to ion and electron scale turbulence, physics of edge coherent modes and edge localized modes, and the optimization of ion heating schemes as well as confinement scenarios using advanced integrated modeling are presented at the conference. In this conference, the scientific research groups were organized under six categories: (A) edge and divertor physics, (B) impurity, heating, and current drive, (C) energetic particle physics, (D) turbulent transport, (E) magnetohydrodynamic (MHD) instability and (F) integrated modeling and code development. A summary of highlighted progress in the above working groups is presented.