What kind of socialist basic economic system should we build, adhere to and improve?

We should build a high-level socialist market economic system and adhere to and improve the basic socialist economic system.

The socialist basic economic system plays a fundamental and decisive role in the economic system, and has an important impact on the system construction in other fields and the effectiveness of state governance. As Socialism with Chinese characteristics enters a new era, how to persist, consolidate, perfect and develop the socialist basic economic system and make it more mature and stereotyped is of great theoretical and practical significance.

Both public ownership economy and non-public ownership economy are important components of socialist market economy and an important foundation for China's economic and social development. The "Decision" puts forward clear requirements for adhering to and improving public ownership as the main body and developing diversified ownership economies.

The socialist distribution system is not only conducive to encouraging the advanced, promoting efficiency and stimulating vitality to the maximum extent, but also conducive to preventing polarization, gradually achieving common prosperity with the people and enabling the people to enjoy the fruits of reform and development. It is necessary to improve relevant systems and policies in a targeted manner and uphold and improve the socialist distribution system.

After more than 20 years' development and practice, China's socialist market economic system has been continuously improved, but in some aspects there are still disadvantages that restrict the vitality of market players and hinder the full play of market and value laws. High-quality economic development also puts forward higher requirements for accelerating the improvement of the socialist market economic system.

The "Decision" clearly puts forward the construction of a high-standard market system and makes important arrangements for promoting the reform of the socialist market economy to develop in breadth and depth.