The Basic Economic System of China

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

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Changhong Pei Chunxue Yang Xinming Yang

The Basic Economic System of China

China Governance System Research Series

More information about this series at http://www.springer.com/series/16158

Changhong Pei Chunxue Yang Xinming Yang •



The Basic Economic System of China

123

Changhong Pei Institute of Economics Chinese Academy of Social Sciences Beijing, China

Chunxue Yang Capital University of Economics and Business Beijing, China

Xinming Yang Institute of Economics Chinese Academy of Social Sciences Beijing, China Translated by Jiabin Chen, Ph.D.

Published with financial support of the Innovation Program of the Chinese Academy of Social Sciences. ISSN 2524-6038 ISSN 2524-6046 (electronic) China Governance System Research Series ISBN 978-981-13-6894-3 ISBN 978-981-13-6895-0 (eBook) https://doi.org/10.1007/978-981-13-6895-0 Jointly published with China Social Sciences Press, Beijing, China The print edition is not for sale in China Mainland. Customers from China Mainland please order the print book from: China Social Sciences Press Library of Congress Control Number: 2019932832 © China Social Sciences Press and Springer Nature Singapore Pte Ltd. 2019 This work is subject to copyright. All rights are reserved by the Publishers, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publishers, the authors, and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publishers nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publishers remain neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Singapore Pte Ltd. The registered company address is: 152 Beach Road, #21-01/04 Gateway East, Singapore 189721, Singapore

Foreword

Since the Reform and Opening-up, China’s economy and society have soared in development and much has been achieved in building socialism with Chinese characteristics. The achievements, collectively called “the China model”, “the China miracle”, or “the China path”, have enjoyed worldwide recognition and acclamation although at the same time been questioned, twisted, and even attacked. Unfortunately, the acclamation is mostly out of recognition of Ch