三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

US EUROPE AFRICA ASIA 中文
Business / Opinion

'Visible and invisible hands'

(China Daily) Updated: 2014-05-30 14:00

President Xi Jinping's recent emphasis on the necessity of the government and the market correctly playing their respective roles to promote the sustainable and healthy development of the economy should serve as a timely reminder that any over-use of either the visible hand or the invisible hand will produce the opposite effect.

The Third Plenum of the 18th Communist Party of China Central Committee held in November vowed to give the market a decisive role in the distribution of resources, the highest status the market has been extended since the launch of reform and opening-up in 1978, but this does not mean the negation of the government's role in economic development.

'Visible and invisible hands'
'Visible and invisible hands'
China's government-led economic model has helped the country score an economic success, but it has also caused serious imbalances in its economic structure and resulted in a series of contradictions, whose resolutions depend on more market vitality and the upgrading and transformation of the country's economic structure, said an article in 21st Century Business Herald.

To give the market a decisive role, the government should reduce its direct interventions into the distribution of resources and microeconomic activities and set up an open, competitive and orderly market system. One in which market forces can play a greater role in those economic activities that should be free of the government's visible hand.

The government should refrain from directly intervening in the market, transform its function, tighten market supervision, strengthen public services and promote social equity and justice. To facilitate such a transformation of its role, the government should deepen the reform of its administrative system, innovate its management methods and improve its regulatory system.

Regrettably, local governments have not done enough to push forward corresponding reforms. At a time when the country's economic growth is slowing, there are voices calling for the government to use its visible hand to stimulate economic development, something that would obviously be a regression for the market mechanism.

With the economic slowdown being used by some local governments as an excuse to delay some reforms and transform their functions, President Xi's stress on the invisible and visible hands playing their proper roles should be heeded to ensure sustainable development in the future.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 国产精彩| 免费亚洲一区 | 海外毛片 | 欧美精品国产第一区二区 | 欧美人成片免费看视频不卡 | 在线观看免费黄色小视频 | 2020年国产一国产一级毛卡片 | 国内精品一区视频在线播放 | 欧美日韩中文国产一区 | 国产在线观看xxxx免费 | 日韩欧美成人乱码一在线 | 丁香色婷婷国产精品视频 | 久久国产一久久高清 | 欧美成人一区二区三区不卡 | 亚洲热热久久九九精品 | 亚洲国内自拍 | 亚洲精品一区二区三区 | 久久国产精品自线拍免费 | 欧美日韩乱妇高清免费 | 亚洲国产综合视频 | 精品视频一区二区三区免费 | 综合久久久久久久综合网 | 日韩免费观看一级毛片看看 | 亚洲欧美日韩中文不卡 | 亚洲精品一区国产二区 | 亚欧在线视频 | 国产性大片免费播放网站 | 正在播放国产酒店露脸 | 国产在线精品观看 | 老妇女五级毛片 | 国产精品福利在线播放 | 91久久老司机福利精品网 | 91福利一区二区在线观看 | 久久99国产亚洲精品 | 久久亚洲国产 | 国产一区二区在线免费观看 | 欧美精品综合一区二区三区 | 久久久久久99精品 | 国产精品午夜在线播放a | 久久九九精品视频 | 国产视频二 |