Market regulation in the Decision
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") adopted at the Third Plenary Session of the 20th Central Committee of the Communist Party of China was released on July 21. The "Decision" accurately grasps the new stage, new situation and new requirements of the development of the socialist market economy, and makes a series of important arrangements for reform and innovation in the field of market supervision.
In the section on "building a high-level socialist market economic system", the "Decision" points out that a high-level socialist market economic system is an important guarantee for Chinese-style modernization. We must give better play to the role of the market mechanism, create a fairer and more dynamic market environment, optimize the efficiency of resource allocation and maximize the benefits, "let it live" and "manage", better maintain market order, make up for market failures, smooth the national economic cycle, and stimulate the endogenous power and innovation vitality of the whole society.
The "Decision" pointed out that the "two unwavering" should be adhered to and implemented. We should unswervingly consolidate and develop the public sector of the economy, unswervingly encourage, support, and guide the development of the non-public sector of the economy, ensure that all forms of ownership of the economy use the factors of production on an equal footing, fairly participate in market competition, and enjoy equal legal protection, so as to promote the complementary advantages and common development of the economies of all forms of ownership.
The "Decision" points out that we should adhere to the principle and policy of creating a good environment and providing more opportunities for the development of the non-public sector of the economy. Enacted a law on the promotion of the private economy. We will further break down barriers to market access, promote the fair opening of competitive areas of infrastructure to business entities, and improve the long-term mechanism for private enterprises to participate in the construction of major national projects. Support capable private enterprises to take the lead in undertaking major national technological research tasks, and further open up major national scientific research infrastructure to private enterprises. Improve the financing support policy system for private enterprises, and solve the problem of difficult and expensive financing. Improve the legal and regulatory system for long-term supervision of enterprise-related fees and the settlement of arrears of enterprise accounts. Accelerate the establishment of a comprehensive assessment system for the credit status of private enterprises, and complete a credit enhancement system for small and medium-sized private enterprises. Support and guide private enterprises to improve their governance structures and management systems, and strengthen the establishment of corporate compliance and the prevention and control of integrity risks. Strengthen supervision during and after the event, and standardize administrative inspections involving private enterprises.
The "Decision" pointed out that the construction of a unified national market. Promote the unification of basic market system rules, fair and unified market supervision, and high-standard connectivity of market facilities. Strengthen the rigid constraints on fair competition review, strengthen anti-monopoly and anti-unfair competition, and clean up and abolish all kinds of regulations and practices that hinder the unified national market and fair competition. Regulate local laws and regulations for attracting investment, and strictly prohibit the granting of preferential policies in violation of laws and regulations. Establish and improve a unified and standardized, information-sharing bidding and bidding and government, public institutions, state-owned enterprises and other public resources trading platform system, to achieve the whole process of open management of the project. Enhance the ability and level of comprehensive market supervision. Improve the national standard system and deepen the reform of the local standard management system.
The "Decision" points out that the mechanism for determining factor prices, which are mainly determined by market supply and demand, should be improved to prevent improper government intervention in price formation. Improve the mechanism for labor, capital, land, knowledge, technology, management, data, and other factors of production to be evaluated by the market and to determine remuneration based on contributions. Promote price reform in the fields of water, energy, and transportation, optimize the tiered water, electricity, and gas price systems for residents, and improve the pricing mechanism for refined oil.
The "Decision" points out that the basic system of the market economy should be improved. Improve the property rights system, protect the economic property rights of all forms of ownership equally and permanently in accordance with the law, and establish an efficient comprehensive management system for intellectual property rights. Improve the market information disclosure system and build a trade secret protection system. Implement the same responsibility, the same crime, and the same punishment for acts that infringe on the economic property rights and legitimate interests of all forms of ownership, and improve the system of punitive damages. Strengthen judicial protection of property rights law enforcement, prevent and correct the use of administrative and criminal means to intervene in economic disputes, and complete mechanisms for screening and correcting unjust and wrongful cases involving enterprises in accordance with law.
The "Decision" points out that the market access system should be improved and the market access environment for new forms of business and new fields should be optimized. Deepen the reform of the registered capital subscription registration system, and implement the subscription on time in accordance with the law. Improve the enterprise bankruptcy mechanism, explore the establishment of a personal bankruptcy system, promote the reform of enterprise deregistration, and improve the enterprise exit system. Complete the social credit system and regulatory system.
The "Decision" points out in the part of "improving the system and mechanism for promoting high-quality economic development" that it is necessary to promote the innovative development of the platform economy and improve the normalized regulatory system of the platform economy.
The "Decision" pointed out that the system and mechanism for the development of the service industry should be improved. Improve the policy system to support the development of the service industry, optimize the accounting of the service industry, and promote the standardization of the service industry. Focus on key links and fields to promote the high-quality development of the producer service industry, develop industrial Internet platforms, break down administrative barriers to cross-regional operations, and promote the integrated development of the producer service industry. Improve the mechanism for accelerating the diversification and development of the life service industry. Improve the system of laws and regulations for intermediary service establishments, promoting intermediary service establishments to be honest and trustworthy and to perform their responsibilities in accordance with law.
The "Decision" points out that a new infrastructure planning and standard system should be built.
In the part of "improving the system and mechanism of urban-rural integrated development", the "Decision" proposes to improve the agricultural management system, improve the mechanism for the formation of the circulation price of contracted land management rights, promote farmers' cooperative management, and promote the linkage between the support policies of new agricultural business entities and the increase of farmers' income.
The "Decision" points out in the section of "improving the system and mechanism of high-level opening-up" that the reform of the management system for foreign investment and outbound investment should be deepened. Create a market-oriented, law-based, and international first-class business environment, and protect the rights and interests of foreign investment in accordance with the law. Expand the catalogue of industries that encourage foreign investment, reasonably reduce the negative list for foreign investment access, implement the comprehensive lifting of restrictions on foreign investment in the manufacturing sector, and promote the orderly expansion of opening up in the fields of telecommunications, the Internet, education, culture, and medical care. Deepen the reform of the foreign investment promotion system and mechanism, ensure the national treatment of foreign-funded enterprises in terms of factor acquisition, qualification licensing, standard setting, government procurement, etc., and support participation in the upstream and downstream supporting cooperation of the industrial chain.
The "Decision" points out in the part of "improving the socialist rule of law system with Chinese characteristics" that administration according to law will be further promoted. Promote the legalization of government agencies, functions, authority, procedures, and responsibilities, promote the standardization, normalization, and facilitation of government services, and improve an integrated online government service platform covering the entire country. Improve mechanisms for reviewing the legality of major decisions and normative documents. Strengthen the review of government legislation. Deepen the reform of the administrative law enforcement system, improve the comprehensive law enforcement system and mechanism at the grassroots level, and improve the administrative law enforcement supervision system and mechanism. Improve the system of benchmarks for administrative discretion in areas such as administrative punishments, and promote cross-regional convergence of administrative law enforcement standards. Improve the two-way linkage system between administrative punishment and criminal punishment. Improve the administrative reconsideration system and mechanism. Improve the administrative adjudication system.
In the section on "Deepening the Reform of the Cultural System and Mechanism", the "Decision" points out that it is necessary to establish and improve a mechanism for the coordinated governance of outstanding problems in the field of morality, and improve the long-term mechanism for "eliminating pornography and cracking down on illegal publications".
In the section on "Promoting the Modernization of the National Security System and Capabilities", the "Decision" points out that the mechanism for investigation and rectification of production safety risks and responsibility back-checking should be improved. Improve the food and drug safety responsibility system. Complete biosecurity supervision, early warning, prevention and control systems.
The "Decision" points out that the management mechanism and normalization promotion mechanism of the list of key matters of "doing one thing efficiently" should be improved.
The "Decision" points out that the overall prevention and control system of social security should be improved, the normalization mechanism for eliminating organized crime and vice should be improved, and illegal and criminal activities that the masses have strong reactions to be severely punished in accordance with the law.
In an interview with reporters, grassroots market supervision cadres said that the market supervision departments should fully grasp the important reform arrangements made by the "Decision" in the field of market supervision, accelerate the improvement of the market supervision system, continuously improve the level of market supervision modernization, and make every effort to do a good job in further deepening the reform of market supervision.
Source: Chongqing Market Regulation