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| Author: | Duan, Wenbin |
| Title: | Shift of governmental economic functions as break through of deepened reform (original in Chinese) |
| Journal: | Economics Information (c)
1996 : 6, p.36-38 |
| Index terms: | BUSINESS-GOVERNMENT RELATIONS ECONOMIC SYSTEMS CHINA GOVERNMENT |
| Language: | chi |
| Abstract: | 1. The state, other than government, serves as owner of state-owned assets. The low-efficiency of operation of state assets is mainly due to too many political interventions and business goals, hence the need to establish companies independent of the government, especially a board of directors independent of the government. 2 The government defines and protects property right. Relations between owners of non-state-owned property rights are chiefly coordinated by markets. Functions of government are reflected in making market planning and maintaining market order so as to influence markets. |
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