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Author: | |
Title: | China must take market economic road firmly and unshakably (original in Chinese) |
Journal: | Reform of Economic System (c)
1999 : 1, p.30- |
Index terms: | MARKET ECONOMY CHINA |
Language: | chn |
Abstract: | Planned economic system becoming feeble and die and inevitably taking market economic road have been demonstrated by the positive and negative experiences of socialist countries producing and developing in the this century. The deadly evils of planned economic system are two. One is that it inevitably leads big wrong economic decisions and serious economic loss. The other is that it has become the important source of producing corruption under the condition of imperfect political system. Market economy is the most vigorous and efficient system. This is decided by its internal contradiction. Its vigor and high efficiency has been demonstrated by the practices of China and other countries. |
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