13th Biweekly Policy Analysis Meeting: Advancing Market-Oriented Reforms and Stabilizing Economic Growth

On March 20, the National Academy of Development and Strategy and the Institute of Global Governance and Development at Renmin University of China held the 13^th biweekly policy analysis meeting themed “Advancing Market-Oriented Reforms and Stabilizing Economic Growth”. Over a dozen renowned scholars from both within and outside the university participated in in-depth discussions on key issues related to the current economic reform agenda. Notable participants included ZHOU Tianyong, Senior Research Fellow at the Institute of Global Governance and Development of Renmin University; CAI Jiming, Director of the Center for Political Economy at Tsinghua University; YANG Tao, Research Fellow at the Institute of Finance and Banking, Chinese Academy of Social Sciences; LIU Zhengshan, Vice President of the China Research Society of Urban Development; YANG Ruilong, Vice President of the China Research Society of Urban Development; HOU Qiyuan, Research Fellow at the Institute of Global Governance and Development at Renmin University of China; and ZHOU Qi, Dean of the same institute. The scholars offered multiple policy recommendations based on their discussions.

Experts at the meeting emphasized that economic recovery depends on deepening reforms. They proposed a three-year fiscal plan totaling 10 trillion yuan, focused on increasing household income and restructuring fiscal expenditures, aiming to raise the proportion allocated to people’s livelihoods to 20%. They stressed that market-oriented reform of land factors is key to unlocking resources and called for accelerating the establishment of a unified national factor market. One expert analyzed the “Antinomies” in the rural land system, arguing that the current legal framework creates a structural conflict between private ownership of rural houses and collective ownership of homestead land. To address this, the expert suggested revising laws to establish the principle of “land follows the house”, allowing the simultaneous transfer of homestead use rights and house ownership. They also recommended clarifying policy implementation boundaries to balance farmland protection with urban-rural factor mobility.