To promote supply-side structural reform, build a modern economic system, and promote the high-quality development of China's economy, we must handle the relationship between the government and the market.

The 19th National Congress of the Communist Party of China emphasized that the market should play a decisive role in the allocation of resources and give better play to the role of the government.

This important judgment is conducive to further establishing a correct concept of the relationship between the government and the market in the whole party and the whole society, to changing the mode of economic development, to changing the functions of the government, and to curbing negative and corrupt phenomena.

We should give full play to the decisive role of the market in the allocation of resources. It is the general law of the market economy that the market determines the allocation of resources, and the market economy is essentially the economy in which the market determines the allocation of resources.

Both theory and practice have proved that the market is the most efficient form of allocating resources. We must lose no time in intensifying reform, adhere to the direction of reform of the socialist market economy, respect more ideologically the general law of the market economy that the market determines the allocation of resources, greatly reduce the government's direct allocation of resources in action, and promote the allocation of resources in accordance with market rules, market prices, and market competition to maximize benefits and optimize efficiency, so that the vitality of development can burst forth and social wealth can fully flow.

It is necessary to promote the reform of the economic system with the focus on improving the property rights system and the market-oriented allocation of factors, so as to achieve effective incentives for property rights, free flow of factors, flexible price response, fair and orderly competition, and survival of the fittest in enterprises.

It is necessary to give better play to the role of the government. The market plays a decisive role in the allocation of resources, and it does not play a full role, and it does not mean that the government will do nothing, but it must persist in doing something and not doing something, and strive to improve the level of macroeconomic regulation and control and scientific management.

The outbreak of the international financial crisis in 2008 was not only the result of the intensification of the basic contradictions of capitalism, but also the direct result of the capitalist market economy's high dependence on the spontaneous role of the market mechanism, and its extreme contempt for and weakening government intervention.

The capitalist market economy has severely distorted the relationship between the government and the market, and the allocation of resources is inefficient, which is not as wonderful as described in Western economics textbooks.

General Secretary Xi Jinping pointed out: "To better play the role of the government, it is not to play more of the role of the government, but to ensure that the market plays a decisive role, and to manage those things that the market cannot or cannot manage well." "China practices a socialist market economic system, and it is still necessary to persist in giving play to the superiority of the socialist system and the positive role of the party and the government.

Scientific macroeconomic regulation and control and effective government management are the inherent requirements for bringing into play the advantages of the socialist market economic system.

The responsibilities and roles of the government are mainly to maintain macroeconomic stability, strengthen and optimize public services, ensure fair competition, make up for market failures, strengthen market supervision, maintain market order, promote sustainable development, and promote common prosperity.

Whether it is to make the market play a decisive role in the allocation of resources or to give better play to the role of the government, we must unswervingly uphold China's basic economic system.

The practice of public ownership as the mainstay and the common development of economies under various forms of ownership is the basic economic system of our country.

Both the public and non-public sectors of the economy are important components of the socialist market economy and an important foundation for China's economic and social development.

We must unswervingly consolidate and develop the public economy, uphold the dominant position of the public economy, give play to the leading role of the state-owned economy, deepen the reform of state-owned enterprises, develop a mixed-ownership economy, cultivate world-class enterprises with global competitiveness, and promote the state-owned capital to become stronger, better and bigger.

We must unswervingly encourage, support, and guide the development of the non-public sector of the economy and stimulate the vitality and creativity of the non-public sector of the economy.

Any viewpoint that wants to negate the public economy or the non-public economy is not in the fundamental interests of the broadest masses of the people, does not meet the requirements of China's reform and development, and is therefore also wrong.

To properly handle the relationship between the government and the market, it is necessary to stress dialectics and the two-point theory

"Invisible Hand" and

"Visible hands" are all good. If the relationship between the two is handled well, economic development will be

"Piano and Song"; If it is not handled well, economic development will be

"It's hard to sing alone". It is necessary to insist on making the market play a decisive role in the allocation of resources, improve the market mechanism, break the industry monopoly, entry barriers, and local protection, enhance the ability of enterprises to respond to and adjust changes in market demand, and improve the efficiency and competitiveness of the allocation of enterprise resource elements; To give better play to the role of the government, it is not simply to issue administrative orders, but on the basis of respecting the laws of the market, to stimulate the vitality of the market with reform, to guide market expectations with policies, to clarify the direction of investment with planning, and to regulate market behavior with the rule of law.