Chinanews, December 10th. The Central Economic Work Conference was held in Beijing from December 8th to 10th.
The meeting held that it is necessary to correctly understand and grasp the characteristics and behavioral laws of capital.
The socialist market economy is a great creation. There will inevitably be various forms of capital in the socialist market economy. It is necessary to give play to the positive role of capital as a production factor while effectively controlling its negative role.
It is necessary to set "traffic lights" for capital, strengthen effective supervision of capital in accordance with the law, and prevent the brutal growth of capital.
We must support and guide the standardized and healthy development of capital, uphold and improve the basic socialist economic system, unswervingly consolidate and develop the public ownership economy, and unswervingly encourage, support, and guide the development of the non-public ownership economy.