Qian Yingyi: China's economic transition is far from complete

"China's growth potential is still quite large", should speed up institutional reform and rule of law construction "Caixin net" (reporter Changgongxiao Intern reporter Rang) "In the past ten or twenty years, China has made considerable progress in building a market economy, but there are also many problems." According to the International comparison results of several key indicators, China's institutional reform lags behind in recent years, from the planned economy system to the market economic system, which is far from complete.　　"November 20, 2010, at Renmin University of China Annual Forum of Chinese economist and China Economic Theory Innovation Award (2010) Awards Ceremony", economist, Tsinghua University, dean of the School of Economic management Qian Yingyi said. He believes that China's rapid economic growth over the past more than 30 years has attracted worldwide attention, but this kind of economic development, compared with neighboring countries and regions, can also find a similar pattern.　　In his view, if China accelerates institutional reform and promotes the construction of rule of Law Society, "the potential for future growth is still quite large". Qian Yingyi stressed that in the economic system transition, the first issue is redefining the relationship between the government and the market. In a planned economy, the government is all in control, and this has proved to be bad.　　However, under the market economy system, how to divide the market boundary is a problem worth discussing. In his view, the relationship between the government and the market is not simply more and less, not a simple share problem. Ten years ago, economists argued that a market economy should be based on the rule of law. However, after entering the 21st century, some key areas of China's reform lag behind, the rule of law has also been repeated.　　This is worth rethinking.　　He used three indicators to analyze the problems of China's economic transition.　　First of all, in terms of the number of days required for a registered business, China is far more distant than developed countries and even neighboring countries. As we all know, a country must have a new enterprise if it is to have vitality. To examine the relationship between the government and the market, first of all, it is easy to enter the market. Data show that it takes more than 30 days to register a business in Beijing and Shanghai.　　In Singapore, the United States, New York, South Korea Seoul, spend much less time than China. Secondly, as to the employment intention of college students, many problems can be found.　　This summer, the daily survey showed that college students most want to go to work units, the government agencies far ahead, accounted for 63%, the most want to go to state-owned enterprises accounted for 11%, the remaining employment intention, are not more than 10%. Qian Yingyi that, although this is a rough survey, but the distribution of college students ' employment preferences is also a measure of the current state and market boundaries, a major indicator.　　This shows that in terms of salary, welfare, career stability and development space, college students prefer government agencies and state-owned enterprises rather than private enterprises. Third, the construction of the rule of law indicators, such as the implementation of contracts, legal validity. From the empirical analysis, Japan, South Korea and Taiwan Region of China, the index is relatively top. In the past decade, China's index has been roughly flat. Despite the economic growth of many times, but overall, the change in the decade is not big. From this, can also see the Chinese transition difficult.