1. The concrete manifestation of the remarkable advantages of the basic economic system.Its advantages are embodied in three aspects: the ownership, the distribution system and the economic system.2. The basic economic system of socialism is an organic whole.Three basic economic systems, which are retaining a dominant position for the public sector and developing diverse forms of ownership side by side, retaining a dominant position for the distribution according to labor for the public sector and developing a variety of other modes of distribution side by side, and the socialist market economy, constitute an organic whole. They can complement each other and play a powerful role on foundation and guarantee.3. Institutional innovation is an important link in transforming institutional advantages into governance effectiveness.In terms of ownership, we need to improve the property right system. As for the distribution system, we should clarify the distribution principle, give full play to the role of primary distribution, redistribution and third distribution, and pay attention to fairness and efficiency. The requirement on economic system is to develop an economy with more effective market mechanisms, dynamic micro-entities, and sound macro-regulation.
