The Underlying Logic and Advancing Path for Building a Unified National Market
LIU Zhibiao
Front. Econ. China ›› 2025, Vol. 20 ›› Issue (4) : 510 -525.
The Underlying Logic and Advancing Path for Building a Unified National Market
Market expansion and division of labor development are two underlying logics for the development of a unified national market. A high-level socialist market economy needs not only a modern market system based on generalization and deepening division of labor, but also a super large market with powerful development and regulation functions, so as to become the basic mechanism of resource allocation supporting Chinese modernization. The free flow of goods, factors, and resources and the competitive order are two fundamental rules that need to be unified in the development of a unified national market. The gradual shift of China’s administrative decentralization reform toward economic decentralization is the practical logic and basic path of building a unified national market. Under the current basic structure of the transitional economy, as a sub-optimal choice, the development of a unified national market has to be based on clarifying the boundary between the government and the market, and the integration of affairs involving the government and the market should be managed and promoted separately.
market and division of labor / super large market / decentralization reform / cooperation and competition / unified national market
Higher Education Press
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