IDEAS home Printed from
   My bibliography  Save this article

An Analysis of the Economic Environment and Economic Policy in China in Recent Years


  • Meng Lian


Since early 1998, in order to resolve the problems of the looming financial crisis and to expand [domestic] demand, the government [of China] undertook many projects and has achieved considerable success. Nevertheless, our national economy is always a tremendous and extremely complicated system. For a huge developing country such as ours, situated as it is in the preliminary stage of the transformation from a planned economy to a socialist market economy, and faced with an environment in which science and technology are developing rapidly throughout the world, and in which there is an extraordinarily intense competition among all kinds of economic forces, it is in no way surprising or unexpected that we would frequently encounter all sorts of difficulties and problems in our economic growth and development. We ought to be confident that under normal and general conditions, for every difficulty that we encounter in economic development, there are bound to be manyâand at least twoâmethods of resolution. We are entirely capable of finding the correct method to overcome our difficulties and resolve our problems and, in the end, bring about our society's economic growth relatively quickly and well. Precisely for these reasons, the analysis of the economic environment and of our economic policies has to be a topic to which we have to pay special and frequent attention. Objectively speaking, the economic environment is itself multifaceted, multilayered and susceptible to change. This means that in terms of policy analysis, we have to strive to avoid becoming subjective, one-sided, or ossified in our ways of thinking. Instead, those of us involved in the work of economic study and research must observe the economic situation, analyze policy, and raise questions from many angles and perspectives.

Suggested Citation

  • Meng Lian, 1999. "An Analysis of the Economic Environment and Economic Policy in China in Recent Years," Chinese Economy, Taylor & Francis Journals, vol. 32(6), pages 6-52, November.
  • Handle: RePEc:mes:chinec:v:32:y:1999:i:6:p:6-52

    Download full text from publisher

    File URL:
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:chinec:v:32:y:1999:i:6:p:6-52. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.