Abstract: The goal of the market-oriented reform of factors is to regulate the free flow of resources between departments and enterprises, improve total factor productivity, improve the efficiency of capital in the transfer of property rights, and strive to solve the market-oriented allocation of stock assets. Improving the market-oriented allocation of factors involves a series of reforms, including: first, building a complete factor market, involving improving and standardizing the financial market, building and standardizing the land market, developing the technology market, fully opening the labor market and market sharing of big data; Second, the reform of factor price marketization involves further expanding the scope of the formation of the price marketization of material production factors, and the factor return reflects the supply and demand of the factor market to a greater extent. The key to the market-oriented allocation of factors to achieve the efficiency goal lies in the market order and standardization. The construction of market order involves cultivating market subjects with independent decision-making, establishing fair, open and transparent market rules, establishing a unified and open market, reducing the cost of market regulation, and improving the property right protection and circulation system.
