2005•Journal of North China Electric Power UniversityRequires access

A Study on Obstacles of Theory and Policy in China's Private Economy Development

Tianyu Yang

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Abstract

The theories on ‘governmental control’ and ‘national financial power', seemed to be irrelative with private economy, but in fact they are restraining the development of private economy. If we want to make the central government’s support on private economy into reality, the current economic role of government, which includes stability, resource allocation and income distribution, should be reformed to clear up the disturbance of wrong theory and policy.

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The theories on ‘governmental control’ and ‘national financial power', seemed to be irrelative with private economy, but in fact they are restraining the development of private economy. If we want to make the central government’s support on private economy into reality, the current economic role of government, which includes stability, resource allocation and income distribution, should be reformed to clear up the disturbance of wrong theory and policy.

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Available abstract

The theories on ‘governmental control’ and ‘national financial power', seemed to be irrelative with private economy, but in fact they are restraining the development of private economy. If we want to make the central government’s support on private economy into reality, the current economic role of government, which includes stability, resource allocation and income distribution, should be reformed to clear up the disturbance of wrong theory and policy.

Key concepts: Government (linguistics), China, Economic system, Planned economy, Resource (disambiguation), Economics, Control (management), Power (physics)

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