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The Establishment and Development of the Basic Socialist Economic System Theory

In: Handbook of Chinese Economics

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  • Zhuoyuan Zhang

Abstract

China’s basic economic system is one where public ownership plays a dominant role while a variety of ownership economies co-develop. This position is the foundation of the Chinese socialist market economy. It highlights the importance of the basic theory of the socialist economic system with Chinese characteristics. With the deepening of reform and opening up, people’s understanding of China’s basic national conditions has gradually conformed to the objective reality.

Suggested Citation

  • Zhuoyuan Zhang, 2023. "The Establishment and Development of the Basic Socialist Economic System Theory," Springer Books, in: Handbook of Chinese Economics, chapter 0, pages 93-117, Springer.
    • Handle: RePEc:spr:sprchp:978-981-99-0420-4_4
    DOI: 10.1007/978-981-99-0420-4_4
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