the efficiency of the economy through administrative means, leaving market mechanisms only an auxiliary role. Since its …

Purpose Since the implementation of reform and opening up, China has made remarkable achievement in terms of economic … reform and development. China’s path, as well as its experience, has simultaneously gained worldwide concerns. Developing the … market economy against the backdrop of socialism brings conclusions from China’s achievement, deepens knowledge of China …

an overarching revised regulatory framework and legal enforcement to accelerate the speed of the privatization process …