The Decisive Role of the Market in Resource Allocation
The market should play a decisive role in resource allocation, according to a decision by the 18th CPC Central Committee at its third plenary session in November 2013. A general rule embraced by market economies, the preeminence of the market in allocating resources should also be a feature of our socialist market economy. To this end efforts should include building a robust market, and rolling back excessive government intervention while also addressing insufficient government oversight in some areas, so as to promote the market’s role in maximizing the effectiveness and efficiency in resource allocation. This decision would guide the Party and the general public in developing a new, appropriate perspective for the relative roles of the government and the market. It would also help transform the growth model and government functions, and rein in corruption and other forms of misconduct. While there is no doubt that the development of a socialist market economy entails contributions from both the market and the government, their specific functions are different. The performance of the government could be improved by sound macroeconomic regulation, a better macro-control system, and full implementation of reasonablydefined government functions, with optimized government organizational structures and strengthened public services. It is also crucial to ensure fair competition, enhance market oversight to maintain order, address market failures when need arises to maintain macroeconomic stability, and promote sustainable development and prosperity for all.
市场在资源配置中起决定性作用
2013年11月召开的中共十八届三中全会提出，要让市场在资源配置中起决定性作用。市场决定资源配置是市场经济的一般规律，健全社会主义市场经济体制必须遵循这条规律，着力解决市场体系不完善、政府干预过多和监管不到位问题，推动资源配置依据市场机制实现效益最大化和效率最优化。做出“使市场在资源配置中起决定性作用”的定位，有利于在全党全社会树立关于政府和市场关系的正确观念，有利于转变经济发展方式，有利于转变政府职能，有利于抑制消极腐败现象。当然，发展社会主义市场经济，既要发挥市场作用，也要发挥政府作用，但市场作用和政府作用的职能是不同的。更好发挥政府作用，就要科学宏观调控，健全宏观调控体系、全面正确履行政府职能、优化政府组织结构，加强和优化公共服务，保障公平竞争，加强市场监管，维护市场秩序，推动可持续发展，促进共同富裕，弥补市场失灵，保持宏观经济稳定。
