I had a two-hour conversation with Yin Yanlin, former deputy director of the China Finance and Economics Office, on topics such as anti internal competition, housing prices, stock market, the 15th Five Year Plan, and reform
Based on the current state of the Chinese economy, Yin Yanlin believes that at least three reforms should be promoted as soon as possible: first, income distribution reform, including adjusting individual income tax rates, increasing special deduction items, and reducing social security contribution rates; The second is the reform of the fiscal and taxation system, which aims to streamline the relationship between the central government and local governments in terms of their powers and finances; The third is to reform the investment system and promote private enterprises to "dare to invest and have returns".