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Market Mechanism and Macroeconomic Control

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  • Yang Jianbai

Abstract

"The Party Central Committee's Proposal on Formulating the Seventh Five-Year Plan for the National Economy and Social Development" pointed out that, in establishing a new economic structure, efforts should be made to fit in the needs of a planned commodity economy based upon public ownership. Three key elements are to be grasped: infusing enterprises with new vitality, establishing a commodity market, and an indirect control system. The three go together. This article will focus on some questions of the market mechanism and macroeconomic control under existing conditions.

Suggested Citation

  • Yang Jianbai, 1986. "Market Mechanism and Macroeconomic Control," Chinese Economy, Taylor & Francis Journals, vol. 20(2), pages 75-82, January.
    • Handle: RePEc:mes:chinec:v:20:y:1986:i:2:p:75-82
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