Allowing the market to perform its......>

CHINA PRESS: Allowing the market to perform its fundamental function, defining

the boundary between the roles of market forces and the government, and

energizing micro-level businesses and entities will be crucial to China's

economic reform, the Economic Information Daily said in a front-page commentary

Monday. The newspaper stressed the importance of coordination of these three

aspects, mentioned by President Xi Jinping in his keynote speech at the 19th

Communist Party Congress. A key question for China's economic development is how

to scientifically specify the boundary between allowing market forces to operate

and the need for government intervention, because at times the government has

gone too far and restricted the development of businesses, the newspaper argued.

The government needs to moderate its control over the economy, using a light

touch at the micro-economic level and instead focusing on supervising overall

market order. (Economic Information Daily)