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A symposium on studying and implementing the spirit of the Third Plenary Session of the 20th CPC Central Committee was held in Beijing Experts focused on accelerating the construction of a high-level socialist market economic system

  Recently, the China (Hainan) Institute for Reform and Development held a symposium on "Accelerating the Construction of a High-level Socialist Market Economy System - Studying and Implementing the Spirit of the Third Plenary Session of the 20th Central Committee of the Communist Party of China" in Beijing. The experts at the meeting conducted in-depth discussions on "giving better play to the role of the market mechanism and stimulating the endogenous power and innovation vitality of the whole society", "adhering to the 'two unwavering' and promoting the complementary advantages and common development of various ownership economies", "improving the macroeconomic governance system and promoting the formation of a high-quality economic development system and mechanism", "persisting in promoting reform through opening up and building a new system of a higher-level open economy".

  Give better play to the role of the market mechanism

  Experts at the meeting believed that to build a high-level socialist market economic system, it is necessary to give better play to the role of the market mechanism and stimulate the endogenous power and innovation vitality of the whole society.

  Xia Deren, deputy director of the Economic Committee of the 13th National Committee of the Chinese People's Political Consultative Conference, believes that China's comprehensive deepening of reform will form a new round of scientific and technological revolution and industrial transformation of a strong driving force and creativity, and promote the process of Chinese-style modernization. To promote the integration of endogenous and exogenous revolution in the industry, it is necessary to maximize the power and creativity of scientific and technological innovation and industrial innovation, and further improve the relationship between the government and the market in industrial innovation.

  Peng Sen, president of the China Society for the Study of Economic Reform, believes that the plenary session emphasized that the further comprehensive deepening of reform should be guided by the reform of the economic system, and especially put forward the importance of building a high-standard market system and deepening the market-oriented reform of factors, and the core is to handle the relationship between the government and the market.

  Yang Weimin, deputy director of the Economic Committee of the 13 th National Committee of the Chinese People's Political Consultative Conference (CPPCC), believes that to build a high-level socialist market economic system, it is necessary to give full play to the decisive role of the market in the allocation of resources and give better play to the role of the government. To achieve both "live" and "manageable", the government needs to earnestly perform its own duties, adhere to the rule of law and supervision, improve the macroeconomic governance system, and optimize the macroeconomic governance mode.

  Fan Hengshan, former deputy secretary-general of the National Development and Reform Commission, pointed out that the implementation of reform measures requires the active participation and vigorous promotion of the broad masses of the people. We should take the promotion of social fairness and justice and the enhancement of people's well-being as the starting point and end point, and properly handle the three relationships: in terms of the purpose of reform, we should handle the relationship between further liberating and developing the productive forces and stimulating social vitality, so that the results of reform can benefit more ordinary people; In terms of reform means, it is necessary to properly handle the relationship between giving better play to the role of the market mechanism and implementing scientific macroeconomic regulation and control and effective government governance; In terms of the content of reform, we should properly handle the relationship between comprehensively deepening reform and taking policies based on the realities of various fields, persist in upholding integrity and innovation, and safeguard the fundamental interests of the people.

  Xu Shanchang, president of the Chinese Macroeconomic Association, proposed that to build a high-level socialist market economy system, the first is to improve the basic system of the market economy; the second is to adapt to the development of new quality productive forces and achieve efficient allocation of factor resources; the third is to build a high-quality business entity; Fourth, it is necessary to form a high-efficiency rule of law guarantee. Li Kai, vice president of the Northeast China Revitalization Research Institute, pointed out that to build a high-level socialist market economic system, it is necessary to deepen the market-oriented reform of factors and significantly narrow the income gap through the reform of the system and mechanism in the social field.

  Adhere to the "two unwavering"

  Experts attending the meeting held that to build a high-level socialist market economic system, it is necessary to adhere to the "two unswerving" principles and promote the complementary advantages and common development of economies of various forms of ownership.

  Song Xiaowu, chairman of the Academic Committee of the China Society for Economic Reform, pointed out that building a high-level socialist market economic system is the core content of Chinese-style modernization. It is necessary to truly implement the equal status of the main body of business, give play to the decisive role of the market in the allocation of factor resources, break down the administrative division between regions and urban and rural areas, establish a unified large market, and achieve major progress in the construction of a high-level socialist market economic system.

  Wang Yiming, vice chairman of the China Center for International Economic Exchanges, pointed out that it is necessary to provide fair property rights protection and fair market access opportunities for the private economy. The "Decision of the Central Committee of the Communist Party of China on Further Comprehensively Deepening Reform and Promoting Chinese-style Modernization" (hereinafter referred to as the "Decision") proposes that "the same responsibility, the same crime and the same punishment shall be imposed on acts that infringe on the economic property rights and legitimate interests of all forms of ownership", which requires the cleaning up and revision of the existing provisions in accordance with the provisions formulated according to different types of ownership, and equal protection of the economic property rights and legitimate rights and interests of all forms of ownership.

  Zhang Zhanbin, director of the Center for the Study of Chinese-Style Modernization at the Central Party School (National Academy of Administration), pointed out that in order to further emancipate and develop the productive forces and stimulate and enhance social vitality as proposed in the "Decision," it is necessary to fully stimulate the enthusiasm of innovative talents, mobilize the enthusiasm of the market with private enterprises as the main body, and the enthusiasm of small and medium-sized investors.

  Improve the macroeconomic governance system

  Experts at the meeting believed that it is necessary to improve the macroeconomic governance system and promote the formation of an institutional mechanism for high-quality economic development.

  Liu Shijin, deputy director of the Economic Committee of the 13th National Committee of the Chinese People's Political Consultative Conference (CPPCC) and former deputy director of the Development Research Center of the State Council, pointed out that the "Decision" proposes to implement a system of providing basic public services through household registration in the place of permanent residence, which will play an important role in releasing the potential of domestic demand, narrowing the income gap between urban and rural areas, and promoting the equalization of basic public services.

  Cao Yuanzheng, chairman of Bank of China International Research Co., Ltd., said that the "Decision" proposes that a high-level socialist market economy system is an important guarantee for Chinese-style modernization, and the market is highly concerned about it. At the same time, focusing on the solution of urban and rural problems, the "Decision" proposes to promote the equal exchange and two-way flow of urban and rural elements, and promote the integration of urban and rural areas and narrow the gap between urban and rural areas by deepening the reform of the land system. Especially in the context of demographic changes on the mainland, the implementation of these measures is of greater significance.

  Liu Shangxi, president of the Chinese Academy of Fiscal Sciences, proposed that the plenum reaffirmed the appropriate strengthening of the central government's powers, increased the proportion of central fiscal expenditures, and improved the degree of matching the financial resources of cities and counties. The shift of authority and expenditure responsibility is a reform that will have a significant impact on improving the efficiency of resource allocation and optimizing the local business environment.

  Yan Shuhan, chief expert of the Marxist Theory Research and Construction Engineering Research Group, pointed out that the plenum emphasized that the rule of law is an important guarantee for Chinese-style modernization. It is necessary to speed up the formation of a legal system for building a high-level socialist market economic system, and properly handle the relationship between the government and the market within the framework of the rule of law.

  Liu Xinghua, a distinguished professor at Tongji University, pointed out that in the face of unprecedented risks, challenges and severe tests, the plenum proposed to comprehensively deepen reform and expand the deployment of opening up, which is conducive to creating new quality productivity. The key to speeding up the building of a high-level socialist market economic system lies in correctly implementing the principle of being both "lively" and "manageable."

  Persist in promoting reform through opening up

  Experts attending the meeting held that it is necessary to persist in promoting reform through opening up and building a new system of a higher-level open economy.

  Zhang Yuyan, a member of the Faculty of the Chinese Academy of Social Sciences, proposed that the "Decision" once again emphasizes adhering to the basic national policy of opening up to the outside world, promoting reform and development through opening up, and proposes to optimize the layout of regional opening up. At the same time, it is clear that the overall promotion of major landmark projects and "small but beautiful" livelihood projects will become a major task of high-quality Belt and Road cooperation.

  Zhang Yansheng, chief researcher of the China Center for International Economic Exchanges, pointed out that in the new context of the global economy, it is necessary to improve the macroeconomic governance system. As a global power, how to better participate in global economic governance, assume the responsibility of global public goods, and realize positive interaction with the world are all major issues that need to be considered in a sound macroeconomic governance system.

  Zhao Jinping, former director of the Foreign Economic Research Department of the Development Research Center of the State Council, pointed out that against the backdrop of major changes in the international environment, the plenary session insisted on deepening reform and opening up, and especially proposed to unilaterally open up the least developed countries.

  Pan Xinchun, vice chairman and secretary general of the China Ocean Development Foundation, believes that it is necessary to implement a higher level of opening-up, attract high-quality capital, talents, projects and technologies from around the world, and achieve positive interaction with the world economy in expanding international cooperation.

  Chi Fulin, President of the China (Hainan) Institute for Reform and Development, said that at present, the world economic and political pattern has undergone major changes, and building a high-level socialist market economy system and promoting high-quality development are major issues of concern at home and abroad. Against the new backdrop, the plenum proposed economic structural reform with the goal of building a high-level socialist market economic system, which is crucial to stabilizing the expectations of all parties. (Reporter Wang Zixu, Jin Hui)

Source: Economic Information Daily

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