Recently, some provinces and municipalities have successively held local two conferences, and many provinces have lowered their GDP growth targets. Many provinces have included social labor productivity as a development indicator. Hainan canceled the assessment of some cities and counties' GDP and fixed assets investment, and listed eco-environmental protection as a negative deduction and a one-vote veto; Zhejiang aimed at the digital economy and built a strategic portal for the “Digital Silk Roadâ€; Yunnan played green energy and green food. Three cards for healthy living destinations. The report of the 19th National Congress of the Communist Party of China stated that "China's economy has shifted from a high-speed growth stage to a high-quality development stage." The Central Economic Work Conference held at the end of last year further proposed "a general requirement", that is, China's economy has shifted from a high-speed growth stage to a high-quality development stage. China's macroeconomic policies, structural policies, reform policies, and social policies will be in the next few years. Will be carried out around this general requirement. The main connotation of high-quality development is to change from total expansion to structural optimization, that is, from "having no" to "good", that is, from the past growth-oriented goal to the efficiency-quality guidance. Promoting high-quality economic development is a major deployment of the central government and must be implemented in local work. Therefore, in the past month, some local governments began to squeeze water, revised the past inflated GDP and fiscal revenue, and put the economic data on the ground. The quality of growth must require quality data, and false data can only be used to target growth rates, and cannot represent economic quality as a whole. Others are actively reducing growth targets and looking for comparative advantage. These are some of the most basic requirements for the normal development of the economy. They are just corrections for behavioral distortions caused by excessive pursuit of GDP growth targets in the past. In the past, one of the driving forces for China's economic growth was the “GDP championship†between local governments in the context of GDP appraisal. In order to stimulate economic growth, local governments generally adopt two methods, one is direct investment by local governments, such as investing in infrastructure and building new urban areas, and the other is attracting investment and attracting certain preferential measures, such as tax exemption and land. Free, energy price concessions, etc. Both of these methods maximize the use of government power, dominate the allocation of market factors, and actually long-term a short-term stimulus. Since 2012, General Secretary Xi Jinping first proposed not to use the GDP theory heroes to declare that China's economy has entered a new normal state. The economic growth rate should shift from high-speed growth to medium-high-speed growth. The economic structure should be continuously optimized and upgraded. The economic power should be driven by factors and investment. Turn to innovation-driven shifts. The Third Plenary Session of the 18th CPC Central Committee further proposed that the goal of economic reform is to make the market play a decisive role in resource allocation. To this end, General Secretary Xi Jinping proposed innovative, coordinated, green, open, and shared five new development concepts, and finally formed Xi Jinping New. In the era of socialist economic thought with Chinese characteristics, China's economy has shifted from a high-speed growth stage to a high-quality development stage. Different from the excessive emphasis on economic growth in the past, high-quality development needs to rely on the market to complete. The premise is that resource elements are allocated from the market to more efficient fields, with supply-side structural reform as the main line, promoting economic development quality change, efficiency change, Dynamic change and increase total factor productivity. Then, in this process of transformation, the government cannot continue to promote economic development through large-scale investment and resource allocation in the administrative intervention market. In other words, the Chinese government has traditionally relied on investment to dominate economic growth. High-quality development is the result of fair competition in the market. Government functions must be transformed. First, give up the identity of athletes in economic activities and become a market rule maker and market guardian based on the rule of law, so that the market can be stable and fair. Competition in a free environment. Secondly, whether it is the central government or the local government, it is necessary to abolish a series of policies such as control and monopoly, and introduce more competitive enterprises through opening up, so that competition enters a high-quality stage, rather than a low price-based low. Quality stage. Of course, local governments still occupy an important position in economic development, which is to find local comparative advantages and continuously enhance these advantages. Local governments should understand that the era of relying on investment to achieve universal economic growth has passed. Local economic competition has shifted from government investment to market investment. 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Abstract Recently, some provinces and municipalities have successively held local two conferences, and several provinces have lowered their GDP growth targets. Many provinces have included social labor productivity as a development indicator. Hainan canceled the assessment of some cities and counties' GDP and fixed assets investment, and listed ecological environmental protection as a negative deduction and a one-vote veto...