Noun presented
Economist Wu Jingxi As early as December 2009, Wu Jingwei, an economist, who has pointed out in the "Financial" annual meeting 2010: predictive and strategy, transforming the economy Growth mode has been put forward for more than 10 years, why have not been achieved, mainly because the rule of law market economic system has not been established, the current systemic disorder has not been eliminated, and technological innovation faces more difficulties.
October 10, 2015, in the first Fudan Chief Economist Forum, talking about how to achieve economic development, Wu Jingli lamented, economic growth model transformation, or economic development mode has been proposed For 20 years, there is a lot of achievements in the past, in the existence of "institutional disorder" to achieve this transformation, the key is to establish a system that is conducive to innovation and entrepreneurship. He believes that effective ways is to stabilize the overall situation, to ensure that the main energy is put in effectively promoted the reform, and the "unified opening, competition required to establish the Third Plenary Session of the Third Plenary Session as soon as possible. Ordered market system.
Reform measures
Wu Jingxi said that to control and resolve the risk, in order to advance the reform, we need to take some measures to control and resolve the risk: properly handle the debt of local governments at all levels; Stop returning to an ineffective investment of too low or has no return; stopping blood transfusion to "zombie enterprises"; use state-owned capital to repay the government or have liabilities; enterprises that do not impair debt, unfair debt, release risks; stop rigid redemption; Substation of dead assets caused by extensive growth. "Morely, to maintain the basic stability of the macroeconomic and monetary policy, prevent systemic risks can be done."
Wu Jingtu said that the key to the success or failure of the transformation is whether it can be practical Reform, including the negative list of simplified guides to the development of the market and the front list of government authorization, the comprehensive deepening of financial reform, the improvement of financial reform, the exhibition of price reforms, the state-owned economic reform is urgent, and the construction of the trade area, create A new situation, an open situation, etc.