Liu Zhibiao: Building "Strong Government + Strong Market" and Establishing the "Dual-Strong System" with Clear Boundary

Release time:2018-12-19Author: Liu Zhibiao

In the new era of reform and opening-up, we should build a system of "strong government + strong market"."Strong government" does not refer to a government with much intervention in the economy, much intervention power and many intervention means, but a government that adheres to its function of public regulation and firmly controls its own non-intervention in micro enterprise operation and investment impulse. It is a government that adheres to the rational boundary of the government and only does what is suitable for its role in the market economy."Strong market" does not mean that market regulation covers everything, nor does it excessively promote marketization, but uses price mechanism and law of supply and demand as the decisive mechanism of resource allocation in economic activities without externalities.The Third Plenary Session of the 18th CPC Central Committee pointed out that economic system reform is the key to comprehensively deepening the reform, and the core issue is to handle the relationship between the government and the market, so that the market can play a decisive role in the allocation of resources and give better play to the role of the government. In the past 40 years of reform and opening-up, China's economy has created a miracle of the world. It is the result of comprehensively deepening the reform along this logic, correctly handling the relationship between the government and the market, making the market play a decisive role in the allocation of resources, and giving better play to the role of the government.