Weekly Economic Observation: Breaking Down Hedges and Replacing Soil to Build a Unified Large Market Nationwide | Market | Economy

Release time:Apr 13, 2024 21:08 PM

Recently, the relevant person in charge of the National Development and Reform Commission stated that in order to build a unified national market, it is necessary to demolish the "fence" and replace the "soil" that breeds the "fence". We should be good at using reform ideas and methods, further improving relevant institutional mechanisms and supporting systems, and cultivating a "soil" conducive to the construction of a unified national market. This deployment is timely and necessary.

Since the issuance and implementation of the "Opinions on Accelerating the Construction of a National Unified Market" by the Central Committee of the Communist Party of China and the State Council last year, with the joint efforts of all parties, the construction of a national unified market has achieved preliminary results, social consensus has been further strengthened, and the implementation path of key tasks has been further clarified. It has played a positive role in stabilizing development expectations, releasing market vitality, reducing transaction costs, and promoting smooth circulation.

The dismantling of the "fence" that restricts the construction of a unified national market is the most common and direct practice in various regions and departments. For example, in response to the widely criticized issue of restrictions on the migration of second-hand cars in the market, relevant departments have completely abolished the restriction policy, effectively revitalizing the second-hand car market by promoting the free flow of commodity elements. For example, in areas such as government procurement, key projects, transportation and water conservancy, collusive bidding, affiliated bidding, and bribery are all long-term obstacles and difficulties that affect the construction of a unified market. Since last year, relevant departments and localities have taken special actions to address local protection issues. A total of 78 administrative monopoly cases have been resolved, and improper market intervention behaviors such as designated transactions have been promptly corrected, which has been welcomed by business entities.

It should also be noted that building a unified national market is a complex systematic project, and many difficulties cannot be solved by dismantling the "fence", especially those accumulated institutional and mechanism problems over the years. If the "soil" on which it relies for survival cannot be replaced or improved, even if the "fence" has been dismantled, it is very likely to make a comeback. Because of this, in the process of promoting the construction of a unified national market, we must not only adhere to problem orientation and carry out special governance for prominent problems, but also strengthen the treatment of both symptoms and root causes, and focus on long-term achievements. That is to say, demolishing the fence and replacing the soil has become an inherent requirement for building a unified national market.

The recent executive meeting of the State Council has re mobilized and re deployed efforts to accelerate the construction of a unified national market, emphasizing the need to resolutely break through fixed thinking, prevent departmentalism, and make greater efforts in deepening reform. We will further optimize basic market economy systems such as property rights protection, market access, fair competition, and social credit, improve incentive and constraint systems, and assessment and evaluation systems, and improve institutional mechanisms that are suitable for the construction of a unified national market. This provides a clear direction and path for the construction of a unified national market in the current and future periods.


Weekly Economic Observation: Breaking Down Hedges and Replacing Soil to Build a Unified Large Market Nationwide | Market | Economy

Firstly, further unify thinking, enhance consensus, and consolidate responsibility. We must deeply recognize the significant significance of building a unified national market, comprehensively understand and accurately grasp its scientific connotation and practical requirements. It is particularly important to have a correct understanding and handling of the relationship between the local and the overall situation, so that the "small situation" is subordinate to the "overall situation" and the "small principle" is subordinate to the "big principle". We must adhere to proactive actions and move towards each other, and accelerate the formation of a joint force to promote the construction of a unified national market.

Secondly, while carrying out special actions on prominent issues, it is necessary to accelerate the improvement of supporting policies for the construction of a unified national market. We will carry out special rectification measures to address issues such as market access and exit, mandatory industrial support or investment, engineering construction bidding, and government procurement that have received strong market feedback. We will establish a rapid response mechanism to address these issues and strengthen rigid institutional constraints. Focusing on areas such as market infrastructure, factor and resource markets, and market regulation, we will accelerate the legislative process of the Social Credit System Construction Law, Fair Competition Review Regulations, and continuously improve the policy and institutional system.

In addition, it is necessary to further improve the long-term institutional mechanism that is compatible with the unified national market, and provide a nutrient rich "soil" for the construction of a high standard market system. Specifically, it is necessary to take the construction of a unified national market as the guide, further improve the financial and taxation, statistics, and local government performance evaluation systems, strengthen the unified planning and arrangement of major productivity layouts, strengthen industrial policy coordination, and promote the formation of regional economic layouts and land spatial systems that complement each other's advantages, have reasonable division of labor, and support high-quality development.

As a major deployment made by the Party Central Committee from a global and strategic perspective, accelerating the construction of a unified national market not only reflects a clear problem orientation but also a precise goal orientation. The urgent task is to truly establish the concept of "one game of chess for the whole country", dialectically handle the relationship between "effective market" and "promising government", adhere to the principle of simultaneous efforts and systematic promotion, and ensure that the construction of a unified national market achieves greater results.

Two women were stabbed to death and reported to have committed a crime 4 days before the follow-up visit for schizophrenia. Suspect of a bloody murder case in a Hong Kong shopping mall appeared in court today. Male | Last Friday | Murder case
Two women were stabbed to death and reported to have committed a crime 4 days before the follow-up visit for schizophrenia. Suspect of a bloody murder case in a Hong Kong shopping mall appeared in court today. Male | Last Friday | Murder case

According to Hong Kong's Wen Wei Po, a bloody knife stabbing case occurred at Hollywood Square in Diamond Hill last Friday. The police arrested a 39 year old man on suspicion of stabbing two young women, one of whom was stabbed over 30 times. The suspect appeared in the Kwun Tong Magistrates Court this morning. The police at the Kwun Tong Magistrate's Court temporarily charged the suspect with two counts of murder last Sunday. The suspect appeared in court this morning at the Kwun Tong Magistrate's Court. Acting Chief Magistrate Zheng Jihang, after listening to the opinions of both the prosecution and defense, decided to postpone the hearing for two weeks until 9:30 am on June 19th, waiting for two psychiatric expert reports to be obtained. The defense did not object. Zheng Jihang approved the application, and the defendant needs to be temporarily detained at Xiaolan Mental Hospital. When the suspect appeared in court, he wore black framed glasses, a light gray shirt, and camouflage green shorts, and was able to answer the judge's questions normally. accordingly

Secretary of the Provincial Party Committee: The focus of Henan's "summer harvest" has shifted to agricultural machinery in the northern region of Henan Province. | Support | Science | Organization | Province | Northern Henan | Summer Harvest | Rush Harvest
Secretary of the Provincial Party Committee: The focus of Henan's "summer harvest" has shifted to agricultural machinery in the northern region of Henan Province. | Support | Science | Organization | Province | Northern Henan | Summer Harvest | Rush Harvest

Currently, the highly anticipated summer harvest work in Henan has shifted its focus to the northern region of Henan. According to the Henan Daily client, on June 4th, Lou Yangsheng, Secretary of the Henan Provincial Party Committee, presided over a special video scheduling meeting on the "Three Summers" work in the province, listened to the situation report, analyzed and judged the situation, and arranged and deployed the next steps of work. Governor Wang Kai made specific arrangements. On the evening of May 31, 2023, in Xiafutou Village, Xuliang Town, Boai County, Jiaozuo, Henan Province, villagers braved light rain in the wheat fields to harvest wheat. Visual China Map Lou Yangsheng pointed out that the current summer harvest battle in the province has entered the decisive stage. Doing a good job in summer harvest in northern Henan Province is related to the summer grain yield and seed safety. We should focus on seizing opportunities and make every effort to organize the wheat harvesting work in the northern Henan region, minimize losses, and protect the interests of farmers to the greatest extent possible. Accurate forecasting is essential

Xinhua All Media+| Welcome home! What innovative technologies are protecting the return journey of Shenzhou 15? Spaceship | Shenzhou | Technology
Xinhua All Media+| Welcome home! What innovative technologies are protecting the return journey of Shenzhou 15? Spaceship | Shenzhou | Technology

On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Astronauts Fei Junlong, Deng Qingming, and Zhang Lu all safely and smoothly exited the spacecraft, and the Shenzhou-15 manned flight mission was a complete success. What innovative technologies are there to safeguard the return journey of Shenzhou 15 in this mission? On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Xinhua News Agency reporter Lian Zhen photographed that "the sky and the ground" ensure the high-precision return of spacecraft. For the Shenzhou series spacecraft, the return and re-entry GNC technology is directly related to the life safety of astronauts. Taking the success of this return mission as a symbol, China has comprehensively upgraded its GNC system since the Shenzhou-12 manned spacecraft, which features autonomous rapid rendezvous and docking, autonomous adaptive prediction and re-entry return guidance, and has completed a comprehensive update and replacement

The Chinese naval fleet has arrived! Assembly | Navy | Chinese Fleet
The Chinese naval fleet has arrived! Assembly | Navy | Chinese Fleet

At noon today, a Chinese naval fleet consisting of Zhanjiang and Xuchang ships arrived at the assembly area of the "Comodo-2023" multinational maritime joint exercise. It is understood that the assembly anchorage for this exercise is 3 nautical miles long and 1.5 nautical miles wide, capable of anchoring up to 50 ships. Naval vessels from various countries participating in the exercise will also arrive at the anchorage today to complete the assembly of the "Komodo 2023" multinational maritime joint exercise, which is held every two years by the Indonesian Navy. This year is already the fourth edition of the exercise. The exercise will be held from June 5th to 8th in the city of Jakarta, South Sulawesi Province, Indonesia, including the port and sea phases. In the coming days, participating navies from various countries will participate in ship reading style search and rescue exercises, maritime interception and damage management exercises, aerial exercises, and other course objectives exercises

New comment: Donkey like "morale" limit pulls US debt "bomb" fuse hard to dismantle US | debt | morale
New comment: Donkey like "morale" limit pulls US debt "bomb" fuse hard to dismantle US | debt | morale

On the evening of June 1st, the US Senate passed a bill on the federal government's debt ceiling and budget, and the flame of the US debt bomb was temporarily extinguished at the last moment. The two parties in the United States have staged an extreme tug of war over the US debt bomb. Some experts believe that the US debt crisis is the result of the reckless politics promoted by the US dollar hegemony, and the underlying cause of this crisis is the highly polarized political system of the US. Since the end of World War II, the US Congress has adjusted the debt ceiling more than a hundred times. The recurring debt crisis will not only have a catastrophic impact on the US economy and people's livelihoods, but also continuously erode the value of US dollar assets such as government credit and US bonds, bringing significant and far-reaching impacts to the global economic landscape. 【