Decisive Role of The Market: Big Reform Exam After The 3rd Plenum of The 18th CPC Central Committee

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Table of Contents
Chapter 1 Market Decides Economic Growth 
Section 1 China is Still a Big Market 
1.A huge market of 1.3 billion people 
2.Restraints on the Release of Market Potential 
3.Market Determines the Growth Prospects 
Section 2 Market—Decided Economic Transformation 
1.Resource allocation: changing from government—oriented to market—determined 
2.Changing from investment—oriented to consuming—oriented 
3.The transformation from urbanization of scale to urbanization of population 
Section 3 Market—determined Economic Vitality 
1.Release vitality of the market mechanisms 
2.Release vitality of social capital 
3.Unleash the innovative vitality and entrepreneurial energy 
Chapter 2 Market Determines the Allocation of Resources 
Section 1 The Targets and Requirements of Market—determined Resources Allocation 
1.Change the government's direct allocation of resources 
2.Establish effective market governance 
3.The conditions of the reform have ripe. 
Section 2 Major Tasks of the Market in Deciding Resources Allocation 
1.Speed up the price reform of resource products 
2.To promote the reform of interest rate and exchange rate formation mechanism. 
3.The formation of an effective environmental price 
Section 3 Market Allocation of Public Resources 
1.The basic trend of the market allocation of public resources. 
2.Practical needs of market allocation of public resource
3.Major tasks for market—oriented allocation of public resources 
Chapter 3 Market—determined Effective Government 
Section 1 Effective Market and Active Government 
1.End the government—led economic growth model 
2.Towards a public service—oriented government 
Section 2 Macroeconomic Control under the Orientation of Fair Competition 
1.Macro—control emphasizes on creating a fairly competitive market environment 
2.Separate macro—control function from administrative examination and approval function 
3.Organic combination of monetary policy and financial market reform 
4.Organic combination of fiscal policies with finance and tax system reform 
Section 3 A Change from Prior Approval to Post Supervision 
1.excessive pre—approval coexists with regulatory failure 
2.Overcome “market failure” by focusing on post—supervision 
3.Make comprehensive consideration of administrative examination and approval reform and supervision system reform 
4.Adjust the power structure of market supervision 
Section 4 Define Negative List and Power List 
1.Negative list administration is an important characteristic of modern market economy 
2.Force the reform of administrative examination and approval system by negative list administration 
3.Specify the power lists of governments of different levels 
Section 5 The Public—service—oriented Central—local Relation 
1.Competitive local governments become an obvious contradiction raising economic risks 
2.Local governments: transform from competing in market to providing public service 
3.Build public—service—oriented central—local fiscal relation 
4.Build up institutional restraint to guide local government's market behavior. 
Section 6 Government Structure Based on “Separation of the Three Powers” 
1.The goals of super ministry system reform with “separation of the three powers” as its focus 
2.Strengthen the executive decision—making system 
3.Strengthen administrative execution system by improving independence and professionalism 
4.Strengthen the administrative supervision system with emphasis on authority 
Section 7 The Market—determined Social Force 
1.The Serious Lack of Social Forces in the Market 
2.There is a greater and all—round need for social forces when the market plays a decisive role. 
3.Delegating powers to society is the key point 
Chapter 4 Construct a Law—based Market Economy 
Section 1 Market Economy is Essentially a Law—based Economy 
1.A historically new starting point towards the market economy under the rule of law 
2.Expand citizens' right of freely participating in the market 
3.Limit discretion power of government intervention in the market 
Section 2 Protect the Property Rights of Non—public Economy 
1.Strictly protect private property rights 
2.Protect resources and environment property rights 
3.Establish the court of intellectual property rights 
Section 3 Improve the System of Antitrust Laws 
1.Existing antitrust laws can not effectively restrict the administrative monopoly 
2.Anti—administrative monopoly should be brought into Antitrust Law 
3.Stress the position of Antitrust Law as the “economic constitution” 
Section 4 Establish a Legalized Business Environment 
1.Business environment deterioration caused by multiple adverse factors 
2.General thought of establishing a legalized business environment 
3.Build a legalized and international business environment 
Section 5 Construct a Law—based Government 
1.Speed up legislation on the relationship between government and market 
2.Accelerate the legislation on public resources allocation 
3.Law—based government administration must be strictly implemented 
Section 6 Reform the Economic Judicature System 
1.Economic judicature de—localization 
2.Establish a dual court (central—local) structure system 
3.Judicial system de—administration 
4.Accelerate judicial publicity 
Chapter 5 Pursuing for a Fair Market Economy 
Section 1 Market Economy of Fair Competition 
1.Fair and efficient market economy 
2.Pursue a compatibility of market economy and fairness
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(2) The needs and expectations towards urbanization from the society as a whole has changed dramatically, making low-quality urbanization unsustainable.Entering a new phase of development, people's demands for employments, housing and quality of life has been soaring.Therefore,whether or not to meet these demands will decide the quality of our urbanization.Taking employment as an example, people used to be able to tolerate the employment models, such as migrant" or "two separated",but the large flow of rural migrant population moving as "pendulums" or "birds" has resulted in the "left-behinds" phenomenon, namely the left-behind children, the left-behind elderly and the left-behind women, which is at the expense of killing happiness in three generations and has caused serious social problems.In contrast, people today are more apt to stable jobs in cities and towns and are more willingly to enjoy the hearth and home.If we looking at it from the housing perspective, migrant workers born in the 1980s and 1990s have become the mainstay of the migrant population,most of whom cannot return to the countryside, not do they want to return to the rural areas, preferring to settle in the cities and towns.The old mode of urbanization, excluding the migrant workers, characterized by "semi-urbanization", if continued, will not only further exacerbate the conflicts between urban and rural areas, but also hinder the sustainable development of urbanization, and violate the common values of social justice. 
(3)The role of urbanization has undergone profound changes, making the scale of urbanization is difficult to sustain.Judging from global experience,the role and functions of cities have gone through gradual changes while entering into the mid- and post-industrialization period
Decisive Role of The Market: Big Reform Exam After The 3rd Plenum of The 18th CPC Central Committee