An Analysis of Rural Area Revitalization Strategy from the Perspective of Economic Law

Abstract

As a top-level design in China, rural area revitalization strategy is not only a continuation of the existing policies but also a response to the historical mission, which has essential political, economic, and social significance. Rural stagnation results from aspects of natural environmental factors, market factors, and previous institutional factors. The Economic Law promotes the revitalization of rural areas primarily through means such as planning and guidance, fiscal and financial regulation. Theoretically, rural area revitalization policies are government regulation under the condition of market failure in essence. Its inherent logic is the implementation of policy tools guided by policy objectives. Its resource allocation mode involves the roles of both government and the market. In spatial and temporal dimensions, there are regional and stage differences in the regulation of government and the market. Different from the traditional separation of the three powers, the essence of the rural area revitalization strategy is to allocate the powers according to the logic of policy determination power, policy implementation power, and policy control power.