|Table of Contents|

Energizing various market entities in the 14th Five-Year Plan period by combining efficient markets and competent government(PDF)

《长安大学学报（社科版）》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2021年01期
Page:
24-28
Research Field:
马克思主义理论研究
Publishing date:
2021-02-20

Info

Title:
Energizing various market entities in the 14th Five-Year Plan period by combining efficient markets and competent government
Author(s):
GUO Han
Institute of Western China’s Economic Development & School of Economics and Management, Northwest University, Xi’an 710127, Shaanxi, China
Keywords:
competent government;  efficient market;  vitality of market entity;  modern enterprise system with Chinese characteristics;  medium;  small and micro business;  private economy;  innovative development
PACS:
F121
DOI:
-
Abstract:
The core issue in China’s economic system reform is to properly handle the relationship between the government and the market. This paper analyzes the theoretical logic behind energizing various market entities by combining efficient markets and competent government. This research believes that, during the period of the 14th Five-Year Plan, China faces many constraints in energizing various market entities, including the "agency by mandate" dilemma and "low efficiency" constraints for state-owned enterprises, the "lack of competitive neutrality" and "market discrimination" constraints for private enterprises, as well as the "low risk resistance ability" and "insufficient financial support" constraints for small and micro businesses and privately or individually-owned businesses. To address these constraints, we need to combine efficient markets with competent government, improve the modern enterprise system with Chinese characteristics, and deepen the reform of state-owned enterprises in the new era; implement the principle of competitive neutrality and ownership neutrality, optimize the environment for the development of the private economy; improve the legal protection for small and micro businesses and privately or individually-owned businesses, and improve the financial support system; make use of the complementarity and coordination between the market and the government to boost the innovative development of various market entities.

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Memo

Memo:
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Last Update: 2021-02-20