Research on the Development of China's Private Economy

Author: Mu Zhirong
Publisher:
Publish Date: 2004-11-01
Features: This book analyzes the socio-economic conditions under which China's private economy was reborn at the beginning of the reform, as well as its subsequent development trajectory, status, characteristics, and the theoretical driving forces, trends, and external environmental constraints. It explores the property rights system and governance mechanisms of China's private enterprises. China's Private Economic Development Research was written with the creative inspiration and sense of mission derived from practice. Based on summarizing, synthesizing, and absorbing existing research findings, the author focuses closely on the theme of "development," primarily delving into three key issues: First, to identify the socio-economic roots of the rebirth of the private economy, to depict its developmental trajectory, and to summarize the characteristics of China's private economic development on this basis; Second, to argue for the theoretical basis for the existence and development of the private economy from three perspectives: the theory of productivity determination, the theory of mixed ownership, and the theory of socialist market economy determination; Third, to focus on analyzing the current issues in the development of China's private enterprises from three aspects: the external environment of private enterprise development, financing problems, and innovation in governance mechanisms, and to propose solutions and countermeasures. Therefore, this monograph comprehensively analyzes and reconstructs the evolutionary process of China's private economy since the reform and opening-up, convincingly depicts and summarizes the developmental trajectory and characteristics of China's private economy, and deeply compares and critiques the three driving force theories of private economic development, articulating its unique insights. With both theory and practice, the countermeasures proposed for the innovation of governance mechanisms and institutional supply for China's private enterprises today are appropriately actionable.