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2020 | OriginalPaper | Chapter

4. Eve of Socialist Market Economy: The 2nd-Phase Reform

Author : Chenyi Yu

Published in: China’s Economy: Towards 2049

Publisher: Springer Singapore

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Abstract

By far, the 10-year evolutionary reform has enabled China to experience the power of the “invisible hand” in the marketization of a planned economy which consisted of diverse interest groups, both individuals and institutions.

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Metadata
Title
Eve of Socialist Market Economy: The 2nd-Phase Reform
Author
Chenyi Yu
Copyright Year
2020
Publisher
Springer Singapore
DOI
https://doi.org/10.1007/978-981-15-9227-0_4