| ID | 164059 |
| Title Proper | China is building its own socialism |
| Language | ENG |
| Author | Kondrashova, Ludmila |
| Summary / Abstract (Note) | The revolution of 1949 in China marked the country’s transitionfrom “bureaucratic feudalism” to the building of socialist society. The begin-ning of the policy of reforms (1978-1979) is now interpreted as “another rev-olution” – a transition from “state socialism” to “market socialism.” Judgingby the decisions of the 19th CPC Сongress, at present China begins a newstage of socioeconomic development aimed at combining the personal inter-ests of its citizens with public and state interests. The new stage of reforms canbe characterized as the “third Chinese revolution” with very important conse-quences for the entire social structure of the country. The Chinese multilayeredmarket economy will correspond to a mixed political system that features acombination of strong centralized power with party-and-government manage-ment and democratic methods of administration at a lower level. |
| `In' analytical Note | Far Eastern Affairs Vol. 46, No.4; 2018: p.89-104 |
| Journal Source | Far Eastern Affairs Vol: 46 No 4 |
| Key Words | Socialism ; Capitalism ; China ; Mixed Economy ; Convergence ; Market ; Chinese Model ; Theory of Institutional Matrices ; State Macroregulation |