Huang Yong: The greater the downward pressure on the economy, the more emphasis must be placed on w88 online casino policy
(Source: "People's Daily"2015Year12month30日）
Facing the huge pressure of downward economic growth, we can find that2015In the government's macro-control measures in 2019, the most familiar "industrial policies" such as incentives, preferential treatment, and subsidies are missing, and are replaced by an emphasis on "w88 online casino policies." Since this year, the Party Central Committee and the State Council have issued multiple documents mentioning w88 online casino policy,3month13The "Several Opinions of the Central Committee of the Communist Party of China and the State Council on Deepening the Reform of Institutional Mechanisms and Accelerating the Implementation of Innovation-Driven Development Strategies" proposed for the first time the establishment of a fair w88 online casino review system. Recently, the Central Committee of the Communist Party of China and the State Council issued the "Several Opinions on Promoting the Reform of the Price Mechanism", which for the first time proposed to "gradually establish the basic status of w88 online casino policy." On how to understand this change, the reporter interviewed experts and scholars.
w88 online casino policy contributes more and more sustainably to economic growth than industrial policy
w88 online casino policy is a collective term for all policies and laws that have a positive impact on w88 online casino. Xu Shiying, a professor at East China University of Political Science and Law, further explained: "In a broad sense, w88 online casino policy is a variety of public measures taken to ensure the maintenance and development of a competitive market system. All policies that are conducive to w88 online casino, including anti-monopoly policies, state-owned enterprise reform policies, monopoly industry deregulation policies, government subsidy reduction policies for enterprises, etc., can be regarded as components of interactive w88 online casino policies."
Professor Huang Yong, member of the Expert Advisory Group of the Anti-Monopoly Committee of the State Council and Director of the Competition Law Center of the w88 casinoIntroduction, although the concept of w88 online casino policy appeared earlier, its importance and role have been ignored by us. The government has always used huge industrial policies to stimulate the economy and hopes to achieve considerable and long-term economic benefits in the short term. Especially during economic downturns, relying on large-scale industrial policies to quickly stimulate economic recovery is an old path that the old development method is accustomed to rely on. He analyzed that the unfairness of industrial policy to market w88 online casino is reflected in two points. First, the government not only directly subsidizes competitive industries, but also selectively subsidizes one or a few enterprises, mainly state-owned enterprises or non-public enterprises with close ties to the government; second, the government subsidizes large amounts of state-owned enterprises in competitive industries, putting a large number of non-public enterprises at a competitive disadvantage and unable to compete fairly.
"Although in the short term, the use of industrial policy to stimulate economic growth may have a certain effect. However, in the long term, it is definitely not a wise move. Because in the absence of w88 online casino policy, most industrial policies have deviated from the original goals of the policy during the implementation process, and can easily lead to serious power rent-seeking and huge waste of resources. It can be said that these huge subsidies and very low revenue The benefits are extremely disproportionate. In other words, the economic benefits of industrial policy are very low. The more serious problem is that industrial policy strengthens the government's intervention in the socialist market economy, thereby inhibiting the innovation and business w88 online casino of market entities, which is very detrimental to the improvement and transformation and upgrading of my country's industries and enterprises. Therefore, w88 online casino policies that contribute more to economic growth and are more sustainable should be adopted.
Emphasize that w88 online casino policy is an inevitable choice for my country’s economic reform and development
China’s economic development has entered a new normal and is facing a series of new challenges in reform and development. To solve development problems and deepen institutional reforms, w88 online casino policy needs to play a fundamental role.
The Third Plenary Session of the 18th CPC Central Committee pointed out that the core issue of economic system reform is to properly handle the relationship between the government and the market, so that the market can play a decisive role in resource allocation and the government can better play its role. Qi Yudong, assistant to the president of Capital University of Economics and Business and dean of the China Institute of Industrial Economics, said, “w88 online casino is an intrinsic element of the market. Without w88 online casino, there would be no market, and there would be no market economy. China has since1978年以来的改革开放过程，从一个侧面看就是竞争范围不断扩大、竞争手段不断增多、竞争程度不断深化的过程。实施竞争政策的目的，就是要保障竞争机制正常运转，使市场在资源配置中的决定性作用得到充分发挥。 ”
To resolve the outstanding contradictions in the current economic operation, w88 online casino policy needs to play its fundamental role.
Severe overcapacity is a prominent contradiction in the current economic operation of our country. There are many reasons for overcapacity, but some places pursue development speed too much and attract investment through cheap land supply, tax exemptions, and low-price resource allocation. At the same time, due to local protection and other behaviors, the market environment for fair w88 online casino is not sound, and the exit channels for backward production capacity are not smooth. These are important factors. Qi Yudong believes that "this kind of protectionism is essentially an administrative monopoly, protecting backward production capacity, exacerbating unfair w88 online casino, and causing a 'reverse elimination' effect." Therefore, to resolve severe overcapacity, we must start from the supply side, give full play to the role of market w88 online casino in survival of the fittest, and accelerate the exit of "zombie companies" without core competitiveness and advanced technology from the market.
Achieving innovation-driven development requires w88 online casino policy to play a fundamental role.
Our country has decided to implement an innovation-driven development strategy. Enterprises are the main body of innovation, and w88 online casino is the fundamental driving force for enterprise innovation. Xu Shiying said, "In a fair w88 online casino environment, only those operators who take the lead in technological innovation and system innovation can gain competitive advantages. Therefore, the country's creation of a fair and orderly competitive environment is the fundamental guarantee for maintaining the innovation mechanism." "If there is a lack of competitive pressure, dynamic technological inefficiency, organizational management inefficiency, reduced consumer surplus, wealth transfer, deadweight losses and other 'monopoly syndromes' will often occur." Qi Yudong said. Because of this, in20century70At the end of the 1990s, developed countries such as the United States, the United Kingdom, and Japan began to transform natural monopoly industries into competitive industries, thereby "turning decay into magic", with efficiency greatly improved, prices greatly reduced, and services greatly improved.
The effective implementation of w88 online casino policy has a positive relationship with the long-term development of a country
Currently, my country's economy is still facing great downward pressure. Experts believe that under such circumstances, the role of w88 online casino policy should be emphasized to release market vitality through market w88 online casino and enhance the power of economic development.
“Our country can no longer follow the old path of large-scale industrial policies to stimulate economic growth,” Huang Yong said. "Although industrial policy can play a certain role in the short term, it strengthens the government's intervention in the economy, thereby inhibiting the innovation and business w88 online casino of market entities, which is very detrimental to the improvement and transformation and upgrading of my country's industries and enterprises." Qi Yudong believes that "a certain degree of government subsidies to enterprises is necessary, but it must be coordinated with functional industrial policies and the direction must be consistent to prevent excessive subsidies from exacerbating unfair w88 online casino and distorting the effect of resource allocation."
The fundamental way to withstand the downward pressure on the economy is to activate thousands of market cells and fully release the vitality of market entities. This is where w88 online casino policy comes in. Judging from the experience of other countries, economic development and prosperity can be effectively promoted through the implementation of w88 online casino policies. "1960—1992During the years, Australia moved from the OECD (OECD) The third richest country dropped to the 15th place. The Australian government believes that the main reason is the lack of w88 online casino in important domestic economic fields," Xu Shiying said. "To this end, Australia is implementing reforms with w88 online casino policy as the perspective and standard across the country.1700The Ministry conducts a comprehensive review and revision of laws and regulations that restrict w88 online casino across different industries, localities and economic sectors. According toOECDRelevant reports show that this reform project has promoted at least AustraliaGDPGrowth2.5%or200billion Australian dollars to achieve Australia’s productivity growth rate40The best results in years, brought to every family7000Income in Australian dollars. Some scholars have also investigated12numberOECDNational22Industries in10Year (1995—2005), it was found that there is a positive correlation between the effective implementation of w88 online casino policy and a country's long-term economic development. ”
Qi Yudong believes that the current economic downturn provides an excellent opportunity for supply-side reform. He emphasizes that supply-side reform is an integral part of comprehensively deepening reform, transforming development methods and improving the quality of growth. It is also an urgent measure to "promote growth through reform" during the "13th Five-Year Plan" period. During an economic upswing, it is easy to emphasize demand-side management at the policy level, while at the industrial and corporate levels, it is often "the carrot is too fast to be washed away". And "a hero can only show his true qualities when the sea flows across the sea." The economic downturn and overcapacity are the times when w88 online casino intensifies. The pressure of w88 online casino will promote technological innovation, channel changes, corporate transformation and even industrial upgrading. "The more difficult the economy is, the more emphasis needs to be placed on w88 online casino policy." Qi Yudong said that this is not only a general international experience, but also the only way for China's economy to achieve sustained and healthy development.
Attachment: Original report link
http://news.xinhuanet.com/fortune/2015-12/30/c_128581050.htm
