The Basic Economic System of China

by Changhong Pei, Chunxue Yang (Contributor), Xinming Yang (Contributor)

This book uses facts and data to prove that socialist public sectors are still in predominant position in China. Based on previous research and studies, a set of methods for measuring the structure of public or non-public owned economy is offered in this book. As is remarked by the authors, China’s basic economic system, namely the system with public sector remaining dominant and diverse sectors of the economy developing side by side, is an efficient approach towards mutual benefit, common prosperity and peaceful co-existence.

Genres: China, Economics

252 pages, Paperback

Published August 14, 2020

Reviews

[Timothy Sweeney · Rating 5 out of 5]

Despite economic reform, China's economy is characterized by the dominance of state ownership