China is a country with extensive territory and a huge population where regional economic development is uneven. As such, it is impossible for a central government to manage the whole country economically. Economic management must be done at different levels, under unified leadership. "Unified...

The reform of the socialist economic system, viewed from the perspective of economic mechanisms, must be market-oriented reform. The past several decades in China have proven that trying to encompass all economic activities within a single plan designed to manage and control everything, will...

Microeconomic results of the enterprise and macroeconomic efficiency are sometimes consistent and other times contradictory. When contradictory, the interests of the enterprise or the locality should be subjected to the economic interest of the whole in order to achieve better macroeconomic...

To improve ceaselessly economic efficiency remains an issue crucial to the endeavor to fulfill the magnificent goal set by the party's Twelfth National Congress. All our future production and construction undertakings should focus on the enhancement of economic efficiency and try to march...