Market Economics: An Introduction to the Chinese Market Economy

Author: Wang Yiwu
Publisher:
Publish Date: 2005-09-01
Features: Market economics is still a young discipline in China, and it is particularly rare to find works that explain the development and improvement of China's market economy theory from a practical Chinese perspective since the reform and opening-up. This book systematically elaborates on the general theory of market economy, focusing on the causes, formation, and operation of market economy. It explains the process of resource allocation by the market and the economic relationships it reflects from aspects such as system, mechanism, characteristics, functions, structure, regulation, and trends. Combined with China's actual conditions, the book provides in-depth yet accessible interpretations and arguments on how to further deepen reform and expand opening-up, as well as how to transition from a traditional planned economy system to a market economy system. The book is well-structured, with clear viewpoints, sufficient explanations, and fair evaluations. Many of its contents are innovative and insightful, making it a valuable work that combines Chinese and Western perspectives, theory and practice, and interpretation and evaluation in market economics. It holds significant academic value and practical significance for learning and understanding China's market economy theory. This book can serve as a textbook for undergraduate and vocational college students majoring in economics and management, as well as a reference for cadres, managers, and preliminary researchers with some knowledge of economics.