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Author:Hao, Yunhong
Wang, Shuxian
Title:Research on the activity of China's local governments (original in Chinese)
Journal:Study of Finance and Economics (c)
1999 : 7, p.23-28
Index terms:LOCAL GOVERNMENT
CHINA
BUSINESS-GOVERNMENT RELATIONS
Language:chn
Abstract:Local governments hold comparatively special status and function in China's socialist market economy. Local governments' activities are far away from being regulated because they hold a double-status of "government" and "investor", and they play three kinds of roles of "administration", "management" and "investor". The engagement of local governments adds a special connotation into China's balanced model of macro-economic benefit with objective inevitability and makes the policy of local protectionism comparatively rational.
SCIMA record nr: 197550
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