Coordination Between Government and Market in Recycling Economy
Geng Yong-zhi
Abstract
Geng Yong-zhi
Abstract
Government and market are two major forces promoting the development of recycling economy,each serving different functions in coordinating recycling economy development.Market is to provide an incentive mechanism for the development of recycling economy,while government is to guide and coordinate.Relationship between government and market mainly centers on coordinating the interests of all parties concerned.Great efforts should be made to draw on experience of international practice,improve related laws and regulations,strengthen market development,remove unfavorable factors concerning price,cost,market construction,etc.,and thus promote the development of recycling economy.
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Government and market are two major forces promoting the development of recycling economy,each serving different functions in coordinating recycling economy development.Market is to provide an incentive mechanism for the development of recycling economy,while government is to guide and coordinate.Relationship between government and market mainly centers on coordinating the interests of all parties concerned.Great efforts should be made to draw on experience of international practice,improve related laws and regulations,strengthen market development,remove unfavorable factors concerning price,cost,market construction,etc.,and thus promote the development of recycling economy.
Key concepts: Government (linguistics), Incentive, Business, Market mechanism, Market economy, Industrial organization, Economic system, Economics