People carry no cash in China
People carry no cash in China About 14 percent people don’t carry any cash when they go out, as mobile payments replace wallets in China,… Read More »People carry no cash in China
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Note on Chinese Tourists Spending Abroad
Summary Media and information outlets often do a simple division in which the total yearly ‘travel’ expenses of China is divided by the total Chinese… Read More »Note on Chinese Tourists Spending Abroad
INDUSTRIAL INTERVENTIONS in China
INDUSTRIAL INTERVENTIONS in China The various FYPs list a multitude of economic goals that China wants to achieve (see Chapter 4). In order to achieve… Read More »INDUSTRIAL INTERVENTIONS in China
ALLOCATION OF FACTORS OF PRODUCTION in China
ALLOCATION OF FACTORS OF PRODUCTION in China China has moved from a system where essentially all prices are set by the State to a more… Read More »ALLOCATION OF FACTORS OF PRODUCTION in China
STATE OWNERSHIP in China
STATE OWNERSHIP in China Though the government has been announcing and implementing to various degrees reforms ostensibly intended to allow market forces to gradually come… Read More »STATE OWNERSHIP in China
BASIC FEATURES OF THE SOCIALIST MARKET ECONOMY in China
BASIC FEATURES OF THE SOCIALIST MARKET ECONOMY Prior to the launching of the ‘Open-door’ policy in China in 1978, which opened up for market-oriented economic… Read More »BASIC FEATURES OF THE SOCIALIST MARKET ECONOMY in China
THE 19TH PARTY CONGRESS in China
THE 19TH PARTY CONGRESS in China One of the main outcomes of the 19th Party Congress in October 2017 was the strengthening of the role… Read More »THE 19TH PARTY CONGRESS in China
THIRD PLENUM DECISION of the People’s Republic of China CCP
THIRD PLENUM DECISION of the People’s Republic of China CCP In November 2013, at the Third Plenum of the 18th Party Congress, the Chinese leadership… Read More »THIRD PLENUM DECISION of the People’s Republic of China CCP
13TH FIVE YEAR PLAN of the People’s Republic of China
13TH FIVE YEAR PLAN of the People’s Republic of China The development of the socialist market economy is also explicitly referred to at two instances… Read More »13TH FIVE YEAR PLAN of the People’s Republic of China
LAW OF THE PEOPLE’S REPUBLIC OF CHINA ON STATE-OWNED ASSETS IN ENTERPRISES
LAW OF THE PEOPLE’S REPUBLIC OF CHINA ON STATE-OWNED ASSETS IN ENTERPRISES Law of the People’s Republic of China on State-Owned Assets in Enterprises10 provides… Read More »LAW OF THE PEOPLE’S REPUBLIC OF CHINA ON STATE-OWNED ASSETS IN ENTERPRISES