Accelerate the construction of a high-level socialist market economy system and enhance the driving force for high-quality development
Realize the organic unity of "letting go" and "managing well"
——Accelerate the construction of a high-level socialist market economy system and enhance the driving force for high-quality development
The high-level socialist market economy system is an important guarantee for Chinese path to modernization.
General Secretary Xi Jinping pointed out, "A key factor in the tremendous success of China's economic development is that we have leveraged both the strengths of the market economy and the superiority of the socialist system
The "15th Five Year Plan" proposes to adhere to and improve the socialist basic economic system, better play the leading role of economic system reform, improve the macroeconomic governance system, and ensure stable and far-reaching high-quality development.
From adhering to and implementing the "two unwaveringly", to steadily promoting the construction of a high standard market system, and then to improving the macroeconomic governance system, a series of policy measures have enabled both tangible and intangible hands to show their strengths and work together, continuously stimulating the internal driving force and innovation vitality of the whole society, and achieving the organic unity of "letting go" and "managing well".
How to 'let it live'——
Fully stimulate the vitality of various business entities
In October 2023, the first battery cell will be taken offline; In September of this year, the 20 millionth battery cell was produced... After only 3 years of establishment, power battery manufacturer Hubei Dongyu Xinsheng New Energy Co., Ltd. has achieved remarkable results.
Dongyu Xinsheng was jointly established by private enterprise Xinwangda Group and state-owned enterprise Dongfeng Motor Group. Xinwangda has advanced power battery manufacturing technology, and Dongfeng Motor has a deep brand accumulation. The two have formed an innovative community and achieved efficient release of production capacity, "said Tian Dongcheng, General Manager of Dongyu Xinsheng Company.
Efforts should be made to enhance the competitiveness, innovation, control, influence, and risk resistance of the state-owned economy, continuously stimulate the potential of the private economy in promoting innovation and increasing employment, and continuously enhance the advantages of foreign-invested enterprises in integrating global resources and developing international markets... Currently, various forms of ownership are competing to gather strong momentum to promote high-quality development.
The market determines resource allocation, which is a general law of market economy. 'Letting go' means fully leveraging the decisive role of the market in resource allocation, and entrusting economic activities that can be effectively regulated by market mechanisms to the market.
Reorganize 6 groups of 10 enterprises in a market-oriented manner, and establish 9 new central enterprises; Continuously improve the modern corporate governance of state-owned enterprises with Chinese characteristics, deepen and implement reforms in labor, personnel, and distribution systems... Deepen the reform of state-owned enterprises, continuously enhance their core functions, and significantly improve their core competitiveness.
The Private Economy Promotion Law has been officially implemented; The new version of the negative list for market access will reduce the number of items on the list to 106; Strictly regulate administrative inspections related to enterprises... Fully implement policy measures to promote the development and growth of the private economy, with more tracks and larger stages for private enterprises.
'Release' and 'manage' are not contradictory, they both aim to facilitate circulation and stimulate vitality. Opening the door to vitality with broad market access, comprehensively clearing market barriers, and removing institutional barriers that hinder fair competition... Various regions and departments deepen the reform of market access systems, focus on optimizing the business environment, and take solid and effective measures to help various business entities develop with confidence.
Looking ahead to the 15th Five Year Plan, we must continue to effectively utilize market mechanisms, give sufficient and appropriate attention to the market and society, and create a fair and vibrant market environment to stimulate the vitality of business entities. We must also better maintain market order, manage government affairs well and properly, ensure fair market competition, compensate for market failures, and smooth the circulation of the national economy, "said Shi Zhilei, Dean of the School of Economics at Central South University of Economics and Law.
How to 'manage well'——
Accelerate the improvement of the market-oriented allocation system and mechanism for factors
In late October, the Water Resources Bureau of Yuanmou County, Yunnan Province signed a cross provincial water rights trading framework agreement with the Water Resources Bureau of Huili City, Sichuan Province, with an annual trading volume of 4 million cubic meters and a trading period of 10 years. This is the first cross provincial water rights trading in Yunnan Province.
In recent years, the economy and society of Huili City have developed rapidly, and the local water demand has risen rapidly. Yuanmou County has abundant water resources through measures such as deepening agricultural water price reform, promoting modern irrigation area construction, and promoting efficient water-saving technologies. Through this transaction, Huili City will solve the water problem, and Yuanmou County will also benefit from water conservation.
Improving the market-oriented allocation of factors is an inherent requirement for building a unified, open, competitive and orderly market system. Currently, the vast majority of goods and services in China have achieved market pricing and free flow, but the construction of the factor market system is relatively lagging behind and the development is not yet sufficient. In terms of factor circulation and resource allocation, some places and departments are still accustomed to using administrative means to regulate or even intervene.
Good management "means that the government needs to transform into a maker of market rules, maintainer of market order, and provider of public services, improve market rules and take the lead in complying with them, create a good market environment, focus on correcting market failures, and regulate competition order.
Multiple regions rely on public resource trading platforms to participate in the construction of national carbon markets and water rights markets; Many places have actively opened up channels for applying for professional titles, exploring the delegation of evaluation authority to high-tech enterprises and new research and development institutions... Institutional reforms and policy innovations have fully stimulated market vitality, reflecting the "wisdom" of the benign interaction between the government and the market.
In the context of the deepening development of a new round of technological revolution and industrial transformation, only by promoting the flexible and efficient combination of production factors such as talent and data, and smooth cross regional flow, can we better develop new quality productivity, make the development momentum stronger, and the momentum stronger, "said Tang Jiqiang, a professor at Southwest University of Finance and Economics.
The deepening and implementation of reforms require the government to enhance its ability to manage the economy through market-oriented and rule of law approaches. Cultivating a national integrated technology and data market, establishing and improving a unified urban-rural construction land market, and perfecting the basic system for promoting the standardized development of the capital market... Around the improvement of the market-oriented allocation system and mechanism of factors, a number of landmark reforms in important fields are being promoted.
Experts say that in the face of the 15th Five Year Plan, it is necessary to improve the pricing mechanism of factors mainly determined by market supply and demand, effectively improve resource allocation efficiency, reduce resource misallocation and idle waste... Unifying government behavior standards, accelerating the free flow and efficient allocation of various factors nationwide, will accelerate breakthroughs in the new round of technological revolution and industrial transformation, and build a solid foundation for responding to changes and exploring new opportunities.
How to organically unify——
Enhance the efficiency of macroeconomic governance
Aviation rescue, drone delivery, agricultural and forestry crop protection, industrial inspection, sightseeing tourism... Currently, the vitality of the low altitude economy market continues to burst forth.
With policy support, various business entities have entered the low altitude economic track. At the same time, relevant policies and regulations are being strengthened, and a collaborative regulatory system is being established among multiple departments such as civil aviation and public security, which will help the low altitude economy to fly higher, more steadily, and further.
As a new phenomenon, the story of low altitude economy moving towards high-quality development tells us that achieving the organic unity of "letting go" and "managing well", innovating ideas to promote efficient allocation of resources, accelerating the cultivation and development of new quality productive forces, can open up new space for economic development.
Scientific macroeconomic regulation and effective government governance are inherent requirements for leveraging the advantages of the socialist market economy system. The comprehensive implementation of various policies and measures, as well as the smooth achievement of various goals and tasks, cannot be achieved without the government fully exerting its functions in economic regulation, market supervision, social management, public services, and other areas.
In response to the downward pressure on the economy, we will increase efforts to counter cyclical adjustments and release liquidity through reserve requirement ratio cuts and interest rate cuts; Since the 14th Five Year Plan, China has continuously improved its macroeconomic governance system with optimized goals, reasonable division of labor, and efficient coordination, combining the promotion of consumption with the improvement of people's livelihoods, and promoting residents' income growth and burden reduction. This has enriched the toolbox of macroeconomic regulation policies, enhanced macroeconomic governance capabilities, and provided strong support for high-quality economic development.
During the 15th Five Year Plan period, China's macroeconomic governance has broad space. Improving the pertinence, scientificity, and execution of macroeconomic governance is not only necessary for the situation, but also an initiative, "said Shi Zhilei.
The annual distribution of up to 100 million yuan in "model vouchers" and 50 million yuan in "corpus vouchers", as well as the establishment of a 10 billion yuan artificial intelligence and robotics industry fund... The policies of Shenzhen, Guangdong have effectively promoted the development of new quality productivity. During the 15th Five Year Plan period, we must continue to strengthen the strategic guidance role of national development planning, enhance the coordination of fiscal and monetary policies, give full play to the role of policies such as industry, employment, and consumption, and promote the formation of more economic development models led by domestic demand, driven by consumption, and endogenous growth.
Multiple sections of the Sichuan Tibet Railway are currently under construction. All 102 major projects in the 14th Five Year Plan are expected to achieve their planning goals by the end of the year, and a number of major landmark engineering projects will be implemented during the 15th Five Year Plan period. We need to strengthen countercyclical and cross cyclical adjustments, implement more proactive macroeconomic policies, and maintain sustained stable growth, employment, and expectations.
Adhere to the combination of efficient market and proactive government. On the one hand, an efficient market can promote the vitality and efficiency of modern industrial systems, and cultivate and develop new quality productive forces. On the other hand, the government can provide important guarantees for the development and security of the modern industrial system, and promote the healthy and orderly operation of the market.
If we manage too tightly, a stagnant pool of water will not work; if we manage too loosely, even turbulent waves will not work. We will implement the strategic deployment proposed in the 15th Five Year Plan, adhere to the combination of effective market and proactive government, fully play the decisive role of the market in resource allocation, better play the role of the government, and build a unified, open, competitive and orderly market system. The construction of a high-level socialist market economy system will accelerate, and China's economic ship will continue to sail with the wind and waves.
Information source: Xinhua News Agency