Author(s)

Lei Wang

Corresponding Author

Lei Wang

Abstract

In view of the fact that the current scope of the government’s economic management functions is still too wide, the arbitrariness of the governments at all levels to perform economic management functions is large, and the motives for profiting are severely motivated, etc., it is imperative to break the institutional barriers that hinder the transformation of the government’s economic management functions, and accelerate the process of reforms such as the price mechanism for production factors, the fiscal tax system, the investment system mechanism, and the financial system. The key to further transforming the government’s economic management functions lies in vigorously advancing the institutional innovation of the government’s economic management functions, continuously improving the government’s macroeconomic management functions, continuously enhancing the government’s microeconomic supervision and service functions, and accelerating the government’s pace of innovation in foreign economic management functions.

Keywords

Government economic management functions, Transformation and innovation.