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Daily Economic Commentator: Make the market more effective and make the government more effective by studying and implementing the spirit of the Fifth Plenary Session of the XIX Central Party Committee.
“Adhere to and improve the basic socialist economic system, fully play the decisive role of the market in resource allocation, better play the role of government, and promote a better combination of effective markets and effective government.” The Fifth Plenary Session of the XIX Central Committee of the Party has a scientific knowledge The relationship between the market and the government was deeply summarized, setting the clear direction to deepen the reform of the socialist system of market economy in the present and in the future. By comprehensively deepening reforms and building a high-level socialist market economy system, the vitality of 1.4 billion Chinese will be fully stimulated, creating more social wealth, seeking a better life, and gradually advancing towards prosperity. common. This kind of force to promote modernization cannot be blocked by any difficulty.
The development of a market economy under socialist conditions is a great innovation of our party. Following the materialist dialectic, our country has worked hard in the combination of the basic socialist system and the market economy, giving full play to its advantages in two aspects, and constantly cracking the world economic problem of the relationship between the market and the government in the practice. Since the reform and opening-up, China’s economic and social development has made great achievements, especially economic strength, scientific and technological strength and comprehensive national strength during the period of the “XIII Five-Year Plan”, which are all organically unified with the “effective market” and “effective government”. The result of mutual complement, mutual coordination and mutual promotion.
China is about to embark on a new journey of comprehensive construction of a modern socialist country. How to handle the overall strategic situation of the great rejuvenation of the Chinese nation, how to better solve the problems of imbalance and insufficiency that are still important in development, and vigorously improve the quality and efficiency of development? Looking at the major changes in the world that have not been seen in a century, how can we accelerate the construction of a new pattern of development and adequately deal with increasing instability and uncertainty? Adhere to the problem-oriented, goal-oriented and closely tighten the key links of the relationship between the market and the government to promote comprehensive and deep reforms can fully unleash the market vitality, institutional vitality and social creativity, and steadily advance towards the established objectives.
Making the market more effective is necessary to improve the quality, efficiency and power of economic operations. Compared to the new situation and new requirements, China’s market system is not strong enough, market competition is not enough, the market order is not standard enough, and factor market development is relatively lagging , which has affected the decisive role of the market in resource allocation and has become a high-level market system. Construction deficiencies. To compensate for deficiencies and establish and improve an “effective market”, it is necessary to respect the laws of economic operation, strive to break industrial monopolies, barriers to entry and local protection, strengthen the ability of companies to respond and adapt to changes in market demand, and improve the efficiency and competitiveness of the allocation of business resource elements. Following this objective, the “Proposals of the Central Committee of the Communist Party of China on the formulation of the Fourteenth Five-Year Plan of National Economic and Social Development and Long-Term Objectives for 2035”, which were reviewed and approved by the Fifth Plenary Session of the XIX Committee Central Party, presented a series of proposals. How to creatively implement strategic measures to stimulate market vitality will test the wisdom and capabilities of relevant departments and places.
A more efficient market requires a more effective government to match it. On the one hand, to stimulate the vitality of the market, the “visible hand” of the government cannot be extended too far and overly controlled. It must organically combine the innovative advance role of supply-side structural reforms with the leading role of the domestic market. Establish the rules to be formulated, establish the powers to be established, use policies to guide market expectations, and use plans to clarify investment directions. On the other hand, to guarantee the orderly, standardized and healthy operation of the market, the government must not be a “trader who does not intervene”. Instead, the government should move from managers to service providers, create a good environment, and promote the construction of a high-level socialist market economy.
The road is made and things are done. To move towards a new journey, we must seriously follow the spiritual guidance and strategic unfolding of the Fifth Plenary Session of the XIX Party Central Committee, continue to study new issues and summarize new experiences, so that more effective markets and more promising governments can form synergy and complement each other. The socialist market economy is showing enduring charm as it realizes the great rejuvenation of the Chinese nation.
