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Why emphasize the protection of market players

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2022-06-14 10:51:33

Why emphasize the protection of market players

The new crown pneumonia epidemic has had a great impact on the world economy and my country's economy. It is difficult for a large number of economic activities to be carried out smoothly, the industrial chain and supply chain are deeply affected, and many market players are facing difficulties in production and operation.The main body of the market is the power carrier of the economy, and protecting the main body of the market is to protect social productivity.The Central Economic Work Conference proposed to continue to do a good job of "six stability" and "six guarantees", especially to ensure employment, people's livelihood and market players. This is an important measure to "promote the steady improvement in quality and reasonable growth of the economy".

Market entities are the main participants in my country's economic activities, the main providers of employment opportunities, and the main promoters of technological progress, and they play a very important role in national development.Since the reform and opening up, my country has gradually established and continuously improved the socialist market economic system, the market system has continued to develop, and various market players have grown vigorously.Generally speaking, market subjects are organizations or individuals engaged in trading activities in the market, including for-profit organizations, non-profit organizations and individuals.An active and orderly market economy is inseparable from the efficient and healthy development of market entities.Protecting market entities is to ensure that enterprises and individuals of different ownerships can exert their initiative and creativity in the market economy, and consolidate the micro-foundation of economic development.To protect market entities is not only to protect the basic rights of market entities, but also to protect the fundamental interests of market entities, and more importantly, to maintain the power and vitality of market entities.

To protect market entities is to ensure employment and development.Employment is not only a livelihood issue, but also a development issue.Hundreds of millions of market players carry hundreds of millions of jobs and start-ups. Only when the scale and quality of employment are guaranteed can residents' incomes continue to increase, and they have stronger consumption and savings capabilities, so that the economy can have a foundation for stable growth.Only by safeguarding market entities can we truly safeguard employment and people's livelihood.By the end of 2021, the total number of market entities in my country has exceeded 150 million, and small, medium and micro enterprises have made great contributions to stabilizing and promoting employment.It can be said that the scale and quality of market entities are directly related to whether the labor force can achieve more adequate and higher-quality employment, and whether the growth of residents' income can be basically synchronized with economic growth.

 

At present, my country's economic development is facing the triple pressure of demand contraction, supply shock, and weakening expectations. Some market players, especially small and medium-sized enterprises and individual industrial and commercial households are facing difficulties in production and operation. The task of ensuring market players and stabilizing employment is even more arduous. Protect it and build up strength for economic development.

First, we must continue to stimulate the vitality of market entities, so that the majority of market entities can not only survive normally, but also achieve greater development.Under the impact of the epidemic, the most direct measure to stimulate the vitality of market players is to implement the rescue policy to help enterprises.It is necessary to continue to implement new tax and fee reduction measures for market players, help them, especially small and medium-sized enterprises, and individual industrial and commercial households, reduce their burdens, relieve their burdens, and resume development, and ensure that various relief measures reach the grassroots level and directly benefit market players.It is necessary to strengthen financial support for market players, develop inclusive finance, and effectively alleviate the problem of difficult and expensive financing for enterprises, especially small and medium-sized enterprises.

Second, we must give full play to the role of state-owned enterprises, so that they can drive various market players to act actively and release their development potential.State-owned enterprises are an important material and political foundation of socialism with Chinese characteristics.State-owned enterprises, especially central enterprises, must play a role in driving all types of upstream and downstream enterprises to tide over the difficulties together.This requires state-owned enterprises to become leaders in various market entities at all levels, adhere to the policy of being conducive to maintaining and increasing the value of state-owned assets, improving the competitiveness of the state-owned economy, and expanding the functions of state-owned capital, and promoting state-owned enterprises to deepen reform and improve Management level, unswervingly make state-owned enterprises stronger, better and bigger.

The third is to create a market-oriented, rule-of-law, and international business environment.Promote the common development of economies of various ownerships, optimize the development environment of the private economy, and protect the property rights and legitimate rights and interests of various market entities in accordance with the law. Policies must be treated equally and equally. Intellectual property protection, form long-term and stable development expectations, encourage innovation, tolerate failure, create a strong atmosphere that encourages entrepreneurs to start businesses, and promote the healthy growth of entrepreneurs.

(The author is a professor at the Institute of Economics, Chinese Academy of Social Sciences, secretary-general of the Contemporary Chinese Marxist Political Economy Innovation Think Tank)

【Editor: Wang Yu】

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