The Central Economic Work Conference was recently held in Beijing. The conference emphasized that to do a good job in the economy next year, it is necessary to implement more active and promising macroeconomic policies and further promote the construction of a unified national market. Lin Yifu, dean of Peking University's Institute of New Structural Economics, said that in order to promote the construction of a unified national market, next year the government is expected to introduce stronger policy measures in response to existing blockages. These blockages mainly include issues such as local protectionism and poor circulation of commodities and factors. Lin Yifu said that to truly take advantage of our hyperscale domestic market, we need to organize production according to the comparative advantages of each region and break down specific barriers to the flow of commodities and factors one by one.

The Central Economic Work Conference was recently held in Beijing. The conference emphasized that to do a good job in the economy next year, it is necessary to implement more active and promising macroeconomic policies and further promote the construction of a unified national market. Lin Yifu, dean of Peking University's Institute of New Structural Economics, said that in order to promote the construction of a unified national market, next year the government is expected to introduce stronger policy measures in response to existing blockages. These blockages mainly include issues such as local protectionism and poor circulation of commodities and factors. Lin Yifu said that to truly take advantage of our hyperscale domestic market, we need to organize production according to the comparative advantages of each region and break down specific barriers to the flow of commodities and factors one by one.