Theoretical Perspective on the Relationship between Public and Non-public Ownership

In socialist country, the system of market-oriented economy and the development of productive forces require that public and non-public ownership co-exist in one social economic formation in the functioning of social economy. The co-existence of various forms of ownership and systems of property right lays the foundation of drawing lessons from each other and promoting further development in coupling. If some kind of ownership and relationship among various kinds of ownership are limited and cancelled subjectively, the development of property right will be hindered, the capacity of various kinds of ownership will be restricted, the vigor of economic development will be suffocated. The dynamic development of relationship between public ownership and non-public ownership will have great effect on macro-ownership and micro-property system.