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《Journal of Beijing Normal University(Social Sciences)》 2012-05
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To Transform China's Model of Economy Development and Pursue Market-oriented Reform

WU Jing-lian(Center for Development Study,State Council of Chinese Government,Beijing 100010,China)  
The current way of extensive economy growth in China has brought about serious social economic issues,such as the shortage of resources,the pollution and damage to the ecological system,the infectious corruption,the gap of the poor and the rich,and the unconstrained matter of currency and excessive liquidity.Under such a circumstance,economic stability needs to be maintained by short-term measures with sufficient flexibility,along with a long-term view of development.Therefore,there needs to speed up the transformation of the present model of economy growth for a healthier one of development.The success of such a change should then depend upon eliminating the existing institutional barriers that constrain productivity,working out a comprehensive approach,and setting upan institutional mechanism that can nurture innovations.In terms of the reform strategies,accordingly,the top-down design and overall planning is emphasized,which should be complemented at the same time with bottom-up experiments and innovations,so as to produce a sound synergy of and healthy interaction between the two ways of reform.
【CateGory Index】: F124
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