Some Problems about China's Private Economy

Private economy in China now plays an important role in the whoe national economic system. But it still be-longs to the economy of capitalist nature which bases on wage labour. Therefore, the private economy should be enlargndunder the condition of public ownership. Meanwhile, the private economy should be ecouraged and supported because itgears to the needs of productive labour. Developing the private economy is for the purpose to develop social productivelabour and to get rid of private system thoroughly.