ABSTRACT

During the transition to a market economy, enhancing the state’s financial extractive capacity and giving play to the leadership role of the central government are extremely urgent tasks that must be fulfilled. These tasks are fully integrated with the formation and establishment of a socialist market-economic system, and involve systematic innovation. It is only through forming and establishing a governmental system, a fiscal system, a currency system, and other systems such as a supervisory mechanism that are fully in accord with the market economic orientation, that we can hope to fulfill these tasks.