Lang Storm

Author: Lu Xinzhi
Publisher:
Publish Date: 2005-06-01
Features: Tracked recently for three years, Lu Xinzhi presents another stormy figure after "How Wang Shi Was Made." This time, he reveals the true inner world of Lang Xianping. Lang Xianping is sometimes called "Li Ao of the economics world," with a passion for struggle like Lu Xun. Some say he is the "killer of private enterprises," while others call him the "father of private enterprises." Some say he is "academic rock," and others accuse him of seeking fame. Lang Xianping says: "I feel lonely, but I am also excited. I have always been full of hope for the future of China!"
As history enters 2005, although property rights reform still needs to be further improved and advanced, we cannot ignore the omissions in several rounds of reforms, nor can we overlook the serious issues of development imbalance and unfairness. Addressing these problems has now risen to the level of the state's scientific development concept, harmonious society, and people-centered governance strategy. Similarly, what matters is not whether property rights reform should continue, but whether it should be carried out openly and fairly within the framework of laws and regulations. If the legal and institutional framework is not yet in place, radical property rights reform should be postponed.
Interestingly, this debate has constructively gone beyond the limitations of purely academic discussions in economics. In the debate, economists are not only speaking to their peers but also to the public and the government. Scholars seem to have unanimously recognized that the purpose of speaking is not only to persuade opponents but also to influence, if not dominate, their target audience in society and the future public policies of the government. This is a rare debate concerning major public policies.