The construction of a national unified market is advancing towards deeper levels.
The sixth meeting of the Central Financial and Economic Leading Group held on July 1 clarified the 'roadmap' for further advancing the construction of a national unified market.
From the issuance of the
The latest deployment of this meeting has many highlights.
Say "no" to low-price and disorderly competition.
The meeting focuses on key and difficult issues such as involution and irregularities in attracting investment, and puts forward targeted solutions.

"Govern the low-price and disorderly competition of enterprises in accordance with laws and regulations, guide enterprises to improve product quality, and promote the orderly exit of backward production capacity"... The meeting directly hits the key pain points in the current market operation.
In recent days, the "involutionary" and fierce competition in some fields such as the automotive industry has continued to attract attention, and the central government has also emphasized many times the need to rectify the "involutionary" competition.
Liu Zhibiao, the executive dean of the Yangtze River Industrial Development Research Institute of Nanjing University, told Sanlihe that the key to governing the disorderly and low-price competition of enterprises lies in setting clear standards, which is of great significance for regulating enterprise competition. Similarly, local governments' subsidies for attracting investment must be transparent and sunlight.
Secondly, solving deep-seated problems in the economic system.
Currently, the construction of a unified national large market in China is facing many challenges. In the medium and long term, the fiscal and tax system and cadre assessment system are the key issues.
The meeting puts forward clear requirements to "perfect the fiscal and tax system, statistical accounting system, and credit system conducive to market unification" and to "guide cadres to establish and practice a correct achievement view, and improve the assessment system and evaluation system for high-quality development and cadre achievements."
In terms of the tax system, Liu Zhibiao believes that it is necessary to further rationalize the fiscal and financial relations between the central and local governments, increase local governments' investment in the consumption end, and stimulate the vitality of market consumption.
In terms of the cadre assessment system, the past emphasis on the assessment orientation of fiscal revenue and GDP growth has become an important诱因 for market involution. Liu Zhibiao said that under the push of local governments pursuing scale expansion, enterprises blindly expand production, leading to an oversupply of the market and triggering fierce price competition. Therefore, improving the cadre assessment system and establishing a scientific achievement view is the core of solving the deep-seated problems in market construction and promoting high-quality economic development.
Thirdly, emphasizing the importance of internal opening up.
The meeting points out that the basic requirement for the in-depth promotion of the construction of a unified national large market is "five unifications and one opening up", namely, unified market basic system, unified market infrastructure, unified government behavior scale, unified market supervision and law enforcement, unified factor resource market, and continuously expanding internal and external opening up.
In Liu Zhibiao's view, the meeting emphasizes internal opening up, that is, opening up to the country's citizens and various types of enterprises such as private enterprises, which is an important support for the construction of a unified large market under the current international economic situation.
In today's world, the most scarce resource is the market. With a population of 1.4 billion, China has a unique domestic large market with a super-large market advantage, but there are still some weaknesses in the large market.
This central decision to promote the construction of a unified national market to a deeper level is to transform the "large market" into a "strong market", enhance the confidence of business entities, and install a "stabilizer" for economic development.
("Sanlihe Studio")




