Industrials May 19, 2022 06:39 AM (GMT+8) · EqualOcean
The article of economic daily pointed out that unifying the big market is an important step in building a socialist market economy with Chinese characteristics. The purpose is to break local protection and market segmentation and restrict the government's improper intervention in the market. The core of building a national unified market is to give full play to the role of an effective market and a promising government. To achieve this, we need to adhere to the principles of marketization and rule of law, give full play to the decisive role of the market in resource allocation, give better play to the role of the government, strengthen the basic position of competition policy, and accelerate the transformation of government functions. At the same time, the unified market should also give consideration to opening to the outside world and opening to the inside. It is an open system, which is also very different from the planned economy. Data show that since the reform and opening up, the average annual growth rate of China's export volume has been as high as 18%, but the average annual growth rate of inter provincial trade volume is only 4.8%. Therefore, while continuing to promote high-level opening to the outside world in the future, we should break through the blocking points of domestic trade and promote the integration of domestic and foreign trade.

This text is a result of machine translation.