BEIJING, March 25 (Reporter Li Jinlei) In response to the question that "the retrogression of China’s marketization process poses a major threat to the global economy", Minister of Finance Liu Kun said in Beijing on the 25th that the premise of the question itself was not established.
Liu Kun made the above remarks at the China Development Forum hosted by the the State Council Development Research Center on 25th.
Regarding the question that some people think that "the retrogression of China’s marketization process poses a major threat to the global economy", Liu Kun responded that it is difficult to understand this issue.
Liu Kun pointed out that China has been carrying out reform and opening up for 40 years. Since the reform and opening up, the national strength has been greatly strengthened, the economic aggregate has increased substantially, and the people’s living standards have been improved to a high degree. This process is the process of establishing and perfecting the socialist market economy in China, so no one has a deeper understanding of the market economy than the ordinary people in China and the cadres and officials in China.
Liu Kun said that in the process of reform and opening up, the earliest measure was to replace the original planned economy with the concept of socialist market economy. This process is vivid to everyone and very profound.
Liu Kun asked, saying that China’s marketization process is retrogressive, so where does the power source of China’s economic growth come from? If the power source is not from Socialism with Chinese characteristics’s economic development, where can it come from? "So, I don’t think the premise of this question itself is established." (End)
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