The economic policy of the People's Republic of China

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Congress reveals China's economic quandary
By Eva Cheng, Green Left Weekly, 19 April 1995. The move to market socialism in 1978, as a way to recover from the Cultural Revolution, has left the economy in shambles.
Mounting unemployment as China ‘reforms’
By Eva Cheng, Green Left Weekly, 6 October 1995. Impact of structural reforms in the state sector, including greater reliance on market forces, upon labor, since 1978.
Privatisation push at Chinese CP congress
By Eva Cheng, Green Left Weekly, 24 September 1997. At the Communist Party's 15th congress, Beijing September 12–19, President Jiang Zemin reasserts his aim at what in fact is a capitalist restoration. State ownership and democracy link.
Macroeconomic policies to the rescue
Asia Times, 15 January 1999. China will actively adopt macroeconomic control policies this year to promote economic growth and overcome the negative impact of the worsening foreign trade situation and sluggish consumer demand. Pro-active financial policies which China adopted in 1998, including the 100 billion yuan in special bonds issued to commercial banks to improve infrastructure construction, are yielding positive results.
Jiang Zemin Urges Party to Infiltrate China's Private Economy
AFP, 16 May 2000. President Jiang Zemin has called on the Communist Party to establish a presence in the private sector and to exert its influence on the fastest growing sector of China's economy. Setting up and solidifying economic order and leading the healthy development of the non-state economy is a party imperative in the initial stages of socialism.
China to Encourage Private Takeover of State Enterprises
By Sun Xiaoan and Wu Yiyi, China News Digest, 6 February 2001. China, after establishing initial policies in regulating privatization of state-run firms last year is formulating additional rules to encourage private companies to take over state-run enterprises that are in trouble. Currently, over 60 percent of China's annual gross domestic product (GDP) is from private companies and about 80 percent of the annual GDP is from those in the industrialized areas, such as Jiangsu, Zhejiang and Guangdong provinces.
Central Economic Working Conference Concludes
Xinhua, 29 November 2001. Chinese leaders have just concluded a meeting to review the work in 2001 and formulate a guideline for economic development in 2002. In 2001, a sustained, rapid and healthy development, greater efforts to restructure the economy, faster capital investment, steady increase in consumer demand, continued growth in foreign trade and overseas investment, major steps to develop the backward west, an increase in revenue, the smooth operation of the financial sector.
Unequal Shares: How Tianmen protests led to the new market economy
By Wang Hui, Le Monde diplomatique, April 2002. The 1989 social movement in Tiananmen Square was far bigger than the liberal, student protest; it extended right across the people. The destruction of the movement unblocked China's transition to the market economy, but the state system remained fundamentally authoritarian and inequalities have grown.
Further Tax Cut Offered to Companies Joining West Region Development
China News Digest, 26 May 2002. The Chinese government was using new tax incentives to attract more companies to join the west region development. The new incentives will exempt both domestic and foreign firms from the central government's corporate tax in the first two years. The new tax policy covers investments half of Chongqing city, Sichuan, Guizhou, Yunnan, Qinghai, Shaanxi, Gansu, Tibet, Ningxia, Xinjiang, Guangxi and Inner Mongolia, and several minority autonomous prefectures in the provinces of Hunan, Hubei and Jilin.