Next development plan needs to balance wide-ranging relationships

By Tan Haojun
0 Comment(s)Print E-mail China.org.cn, August 2, 2015
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Two high-speed trains ready to roll out at Zhengzhou Railway Station in Central China's Henan province. [Li An / Xinhua]



An expert who often offers suggestions to the National Development and Reform Commission recently revealed to the media that the country's 13th Five-Year Development Plan (2016-2020) is expected to be the main topic discussed during a meeting of senior leaders of the Communist Party of China (CPC).

Work on the Plan was officially started in April 2014 when 25 major issues were assigned for study by social forces organized through public bidding.

It has a direct bearing on whether China can develop into a strong economic power and whether the country can have a strong day in international discourses. It also has a direct bearing on whether people's living standards and their living environment can be effectively improved, and on sustainable economic and social development. This requires full account to be taken of how to balance relationships between various aspects, especially the following four.

To balance the relationship between the economy and the people's livelihood

For a long time, the importance of economic development has been over-emphasized while the improvement of people's livelihood has been neglected. This created more and more unsettled contradictions and issues with a serious impact on social stability.

Since taking office, the new Chinese leadership has worked hard to improve people's livelihood, including canceling administrative examination of projects and reducing approval procedures to ease the burden on enterprises. The work also includes a strong clean up of the charges and cutting costs related to people's livelihood. For example, Premier Li Keqiang personally attended to the issue of broadband charges, while other top decision makers dealt with bank charges.

Currently, the economy has been gradually stabilized, and speed is no longer the most important indicator. Whether people's livelihood can be improved to achieve balanced development is of vital concern.

To balance the relationship between government and market

The relationship between the government and the market directly determines that between the economy and the people's livelihood and social wellbeing, both short and long-term, locally and nationally. If the relationship between the government and the market is balanced, then the rest will fall into place.

Obviously, the relationship is not smooth at present, and in many ways is even distorted. The recent stock market disaster has, in a large extent, come back to the government that failed to straighten its relationship with the market and so couldn't fully play its proper role.

In the working-out of the 13th Five-Year Plan, there will be more focus on how to balance the government-market relationship and especially how to better develop the market's decisive role in resource allocation.

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