quazararcade| Dong Zhiyong, Vice President of Peking University: In the future, we must unswervingly deleveraging and control the faucet of excessive currency issuance

Topic: the sixth International Symposium on Government and Market Economics

April 29, 2024QuazararcadeThe sixth International Symposium on Government and Market Economics, jointly organized by the China Institute of Economic thought and practice of Tsinghua University and the International Society of Government and Market Economics, was broadcast online. Dong Zhiyong, vice president of Peking University, attended and delivered a speech.

Talking about the relationship between the government and the market, Dong Zhiyong said: facing the future, we should really give full play to the decisive role of the market in the allocation of resources, unswervingly deleverage, and control the overissued faucet of currency. At the same time, we should timely reduce the non-tax burden of enterprises and residents, at the same time increase the intensity of tax reduction, encourage enterprises to carry out high-end manufacturing and information services, invest in environmental protection, and increase the consumption power of residents.

At the same time, Dong Zhiyong pointed out that it is necessary to adhere to dialectics and two-point theory, continue to make efforts on the combination of the basic socialist system and the market economy, and give full play to the advantages of both aspects. We should have both an effective market and an effective government, and strive to solve this set of worldwide economic problems in practice.

Sina stated: all the minutes of the meeting are arranged in shorthand on the spot and have not been reviewed by the speaker. The publication of this article on Sina for the purpose of conveying more information does not mean agreeing with its views or confirming its description.