Regulation and Deregulation: Reflection on the Role of Government after China's WTO Entry

From free market economy without government intervention to government regulation, then to the government deregulation, the role of government in economy has changed all the times. Government regulation, as one kind of human rationality, shows a continuous conflict with free market orders. Thus the appearance of deregulation is becoming a necessary result of history. The theme starts from the weakness of regulation, then reveals the special relationship between deregulation and China's economy. It also discusses the role of government in economy after China's WTO entry.