“bonus bet365-length system” explores and enriches China’s governance practices
September 16, 2020 08:37 Source: "Chinese Social Sciences Journal" Issue 2012, September 16, 2020 Author: Sun Zesheng Meng Qi

As a system construction with Chinese characteristics,Originated in Zhejiang、The "bonus bet365 length system" of the industrial bonus bet365 in Liaoning and other places is becoming more and more provinces and cities to respond to external shocks、An important starting point to improve the quality of economic development。The so-called "bonus bet365 length system",It is to select the core industries for local economic development,Serving as "bonus bet365 leader" through key local government officials and even provincial and municipal government leaders,A series of system designs with the goal of "replenishing the bonus bet365" and "strengthening the bonus bet365"。This practical exploration has a distinct background of the times,Can enrich China’s development and governance practices,Also contains profound theoretical value,Can provide rich practical guidance for the Sinicization of economic theory。

  Clear background of the times

The birth and nationwide expansion of the "bonus bet365 length system" are the common needs of changes in the international environment and China's own economic development。From the perspective of own development needs,The traditional local economic development model emphasizes extensive investment promotion,Based on labor、The division of labor pattern with cost advantages in factors such as land is facing increasing constraints。

From the perspective of the international environment,The wave of anti-globalization sweeping the world,It has brought huge challenges to my country’s industrial development,It also brings important opportunities for external pressure。The challenge is,With the gradual evolution of comparative advantages brought about by China's economic development,The status of China’s specific industries and enterprises in the industrial bonus bet365 has increased,Has reached the high added value controlled by developed countries、Monopoly industry bonus bet365 link。The overturning risk of a single point rupture to the entire industrial bonus bet365 and local economic development,Revealing the fragility of the existing international industrial bonus bet365 division of labor。Therefore,Highlighted risks consistent with the short-term comparative benefit division of labor model,Countries and regions with weak positions in the industrial bonus bet365 are more obviously affected。The opportunity lies in,It inspires local governments and industries to rethink the local economic and industrial development pattern,Requires that the development of specific local industries must focus on leading industries and key industries,The selected industry must carefully consider its division of labor from the perspective of the industrial bonus bet365、Stability and development prospects。Therefore,In the context of sharply increasing risks of uncertainty in the international environment,Local governments need to focus on a small number of industrial chains with static comparative advantages,Under the premise that the market mechanism plays a fundamental role,With "one place, one bonus bet365、The "bonus bet365 length system" of "one bonus bet365, one length" will help enhance the division of labor status and stability of local leading industries,Cultivation of new comparative advantages。

  Profound theoretical implications

“bonus bet365 length system” is the key to selecting leading industries、Determine "bonus bet365 length"、A series of system designs and new governance practices related to achieving precise services。This new practice is rooted in China’s national conditions,It is a new step in exploring China’s development path,It has the following theoretical implications。

First,The "bonus bet365 length system" is a system design that uses precise government services to reduce transaction costs。The vitality of an institutional design lies in its ability to obtain lower transaction costs to lubricate economic activities,Can the responsibility be allocated to the economic entity with the lowest cost。The risk of "broken bonus bet365" in the industrial bonus bet365 makes it difficult for enterprises to operate based on existing market information and intra-bonus bet365 contracts,The risk of "broken bonus bet365" extends to the entire industrial bonus bet365 and spills over to the regional economy and macro economy,Producing risk “externalities” problems that are difficult to overcome by market mechanisms。

In comparison,The advantage of "bonus bet365 length system" is,On the one hand, it can make full use of off-bonus bet365 market information held by the government or available at low cost,On the other hand, the government can act as a credible third-party intermediary to reduce transaction costs between enterprises in the bonus bet365 and other entities,This way the risk of “broken links” can be dealt with relatively quickly。Viewed from practice in many places,The "bonus bet365 leader" is mostly the person in charge of the local government,Not intervening in business operations、Under the condition that the enterprise does not bear additional organizational costs,Can coordinate multiple existing departments within the local government and achieve cross-enterprise、Cross-industry、Inter-organizational coordination across regions,Can help companies expand their supply chains、Information bonus bet365、Procurement bonus bet365、Service bonus bet365、Talent bonus bet365、Multiple chains including capital bonus bet365。Therefore,The "bonus bet365 length system" can help enterprises achieve the stability of the industrial bonus bet365 under external crisis situations,Stabilize and enhance the division of labor pattern and status of specific places and specific industrial chains,It is an institutional design that can reduce transaction costs。

Secondly,The "bonus bet365 leader system" is China's exploration of the micronization of industrial policy。The main criticisms of Western economists on industrial policy are,There are huge information asymmetry problems and reverse comparative advantage problems in the government's selection of leading industries and forward-looking industries,Therefore,It is more efficient to promote leading industries through market competition and corporate behavior。China’s industrial policy practice has shown,The government can aggregate the information advantages of experts and business circles in implementing industrial policies,Guidance on industrial development expectations、Common technology research and development、Industry services and policy incentives can realize promising government functions,However, past practice still focused more on macro-level policy guidance。

The new idea of ​​exploring the “bonus bet365 length system” is,It is rooted in the industrial agglomeration that has been formed in various places。This agglomeration itself is the result of market competition and enterprise selection based on comparative advantages,The objectively formed industrial bonus bet365 already contains market-desirable information,No new market failure will occur。Opposite,The "bonus bet365 length system" focuses on the market failure problems that really need to be solved for the stabilization and development of the industrial bonus bet365,Confronting the imperfect chains that exist in most places、Leading companies are not strong、The value bonus bet365 is not high、Problems such as poor connection between the industrial bonus bet365 and supply bonus bet365,Using "smooth flow", "reinforcement" and "service" as guidelines and means,Microcondensing national-level industrial policies into a large number of different industrial bonus bet365 policies focused on local governments and different industrial parks,Precise focus with “one bonus bet365, one policy”,In each vivid and vivid manner、The macro goals of industrial development and competitiveness improvement are reflected in the dynamically adjusted industrial bonus bet365 reinforcement。

Finally,The "bonus bet365 length system" is a useful attempt to make regional policies more precise。Traditional regional policies are mainly based on differentiated finance、Monetary policy, etc. to help overcome regional development imbalances and polarization effects,However, China’s development practice has also explored the micro-regional policy of counterpart support。Counterpart support breaks through the central government’s attention、Limits on the type and quantity of disposable resources,And the barriers that can only adopt macro-regional policies,Use hierarchical contracting and division of labor to accurately promote regional balance。This micro-policy not only includes aid to Xinjiang at the national level、Assistance to Tibet and counterpart support for disaster-stricken and poverty-stricken areas,In recent years, it has gradually expanded to apply to regional economic and social development within the jurisdiction of provinces and even local governments below the provincial level。

  Promote the integrated development of government and enterprises

The "bonus bet365 leader system" is a new manifestation of the counterpart support policy in local governments below the provincial level。The mechanism is to connect specific industrial chains with "bonus bet365 length" to mobilize regional resources and public service systems,“One place, one bonus bet365、One bonus bet365, one long” can effectively overcome the problem of government attention constraints and information constraints。Its functions are as follows: First, lubricate the industrial bonus bet365,Reduce transaction costs in industrial bonus bet365 reconstruction;The second is to strengthen the industrial bonus bet365,Provide public services and public goods required for the operation of the industrial bonus bet365 at low cost;The third is to adapt to industry bonus bet365 risks,While leaving market operation risks to the enterprise,The "bonus bet365 leader" coordinates the internalization of external risks in the industrial bonus bet365,Avoid or slow down its overflow to specific areas。

The "bonus bet365 leader system" is a reform practice in which public services help improve comparative advantages。Industrial chains rooted in a specific region will undoubtedly benefit from the combination of lower-cost factors in that place,The expansion and stabilization of its comparative advantages requires enterprises within the bonus bet365 to continue to carry out research and development innovation and improve business and management capabilities,But it relies more on the location and low cost、Highly efficient supply of public goods。The main manifestation of this public goods supply is the business environment in a specific region。

The “delegation, regulation and service” reform implemented by China in recent years is an important measure to improve the business environment at the macro level,But taking into account the differences between regions,The specific industrial bonus bet365 in the local area is affected by the targeted "bonus bet365 length system" reform of "decentralization, regulation and service",It can improve the level and quality of regional public goods supply available to local enterprises。Another important manifestation of this public goods supply is the regional factor supply market required to stabilize the industrial bonus bet365 and enhance competitiveness,The "bonus bet365 length system" practices in many places have highlighted the research and development of common technologies、Industrial bonus bet365 investment promotion、Efforts to provide public goods such as labor market services and talent introduction。Integration and symbiosis between the “bonus bet365 owners” of enterprises that produce products and the “bonus bet365 leaders” of governments that produce public goods,It is a new practice of "bonus bet365 length system" to enhance comparative advantage。

 (Author’s affiliation: Shanghai Normal University Business School;School of Economics and Management, Zhejiang University of Science and Technology)

Editor: Wang Ning
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