Research on the Performance Form and Breakthrough Path of Current Interest Solidification in China

DOI

10.2991/assehr.k.211209.545How to use a DOI?

Keywords

interest solidification; too-big-to-fail; stratum solidification; Kaldor improvement

Abstract

The main obstacle of deepening reform in the new era is the solidification of interests, so breaking through the solidification of interests has become the key to the success of deepening reform. At present, the solidification of interests in China is mainly manifested in the following aspects: the solidification of interests caused by the internalization of profit of state-owned enterprises, and the rigidity and corruption in state-owned enterprises, the solidification of interests caused by the subordination of collective land property rights to state-owned land property rights, the solidification of interests caused by the too-big-to-fail real estate market and the tendency of stratum solidification caused by intergenerational transmission of income gap between urban and rural areas and strata. To break through the solidification of interests, it is necessary to carry out Kaldor improvement so that some groups can make a concession to improve the overall welfare of society. This paper gives the exploratory path of breaking through the solidification of interests, such as realizing the universal sharing of state-owned capital gains through legislation, breaking the solidification of interests of land system by realizing the equality of property rights between collective land and state-owned land, breaking through the interest solidification of the real estate market by incorporating the ratio of house price to income into the performance evaluation index of local governments, and restraining the tendency of stratum solidification by improving social mobility.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Baogui Xue
AU  - Zhizhen Liu
PY  - 2021
DA  - 2021/12/15
TI  - Research on the Performance Form and Breakthrough Path of Current Interest Solidification in China
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 3351
EP  - 3360
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.545
DO  - 10.2991/assehr.k.211209.545
ID  - Xue2021
ER  -