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Policy Adjustments for Addressing Financing Difficulties of Small and Medium-Sized Government—A Survey of Commercial Banks

In: The Chinese Path Toward a Leaner Government

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  • Haibei Liu

    (Peking University)

Abstract

On March 14, 2013, the Plan for Institutional Reform and Functional Transformation of the State Council (hereinafter referred to as the Plan) was released, unveiling the seventh government institutional reform in China since the start of the reform and opening-up in 1978. The Plan put forward the concept of streamlining administration and delegating power and emphasized the need to properly handle the relationship between the government and the market and between the government and society. The government must delegate power that should be delegated and regulate the matters that fall into its responsibility.

Suggested Citation

  • Haibei Liu, 2023. "Policy Adjustments for Addressing Financing Difficulties of Small and Medium-Sized Government—A Survey of Commercial Banks," Springer Books, in: Yining Li & Zhiqiang Cheng (ed.), The Chinese Path Toward a Leaner Government, pages 221-230, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-6718-4_16
    DOI: 10.1007/978-981-19-6718-4_16
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