1991•International Journal of Social EconomicsRequires access
On the Problems of the Chinese Economic Reformation
Yong Wenyuan
Open publisher page 0 citations
Abstract
The article discusses the hidden contradictions and the theoretical problems in economic reform. It argues that a new operational model of the socialist economy will be established in China. Its fundamental characteristics are multi‐ownership structures with public ownership as its main body, separation of ownership and management in the state‐owned economy, and organic combination between planning and market regulation on the base of the planned commodity economy.