The shift away from excessive state control should also include replacing price subsidies and grants to favored industries with targeted support for low-income workers and greater investment in human capital. In addition, China must reduce administrative discretion, introducing sensible, predictable regulation to address natural monopolies and externalities.
降低过度国家控制的转变还应该包括用针对低收入工人的定向支持和增加人力资本投资取代给予重点行业的补贴和补助。此外，中国必须减少行政自由裁量权，引入明智的、可预测的监管解决自然垄断和外部性问题。