The Basic Economic System of China

This book uses facts and data to prove that socialist public sectors are still in a 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 book. As is remarked by the authors, China’s basic economic system, namely the system with the public sector remaining dominant and diverse sectors of the economy developing side by side, represents an efficient approach towards mutual benefit, common prosperity and peaceful co-existence.

Chapter1 Inaccurate Understanding of the Basic Economic System in the Primary Stage of Socialism: Reasons and Countermeasures.- Chapter2 Rethinking Economic Theories.- Chapter3 General Trend in the Structural Adjustment of Ownership and the Current Situation.- Chapter4 Methods to Estimate Ownership Structure: A Literature Review.- Chapter5 Quantitative Evaluation on Publicly- and Non-Publicly-owned Economic Structures: Estimation Based on Economic Censuses.- Chapter6 Quantitative Estimation on Dominance of China’s Public Economy.- Chapter7 Perfecting Laws to Fully Protect Property Rights.- Chapter8 Rationalizing Institutional Mechanisms, Developing Mixed Ownership.- Chapter9 The SOE Reform in China’s New Normal: Problems and Suggestions.- Chapter10 Carrying on the Reform to Promote Development of Non-Publicly-Owned Economy.