| Author: | Chang, Shenglin |
| Title: | Moderation of government interference (original in Chinese) |
| Journal: | China Reform (c)
1998 : 7, p.17 |
| Index terms: | GOVERNMENT ECONOMIC POLICY MARKET ECONOMY CHINA |
| Language: | chn |
| Abstract: | The dialectical relationship between government interference and market mechanism under market economy is as follows: government interference is not to restrict the functions of market mechanism, but to remedy the defects of market and reduce the costs which are paid in order to realize the goals of market regulation. Government interference is a means of indirect control which is carried out by market intermediaries. Neither government interference nor market regulation is omnipotent. Both of them have negative effects. The crux is to combine organically. Government interference should be adjustment which are carried out timely, moderately, accurately and effectively. The task of top priority for our government is to innovate institutions on its own initiative, make efforts to get every reforming measures to form a complete set, and so on. |
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