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Why is China's basic economic system full of vitality?

Answers:1   |   LastAnswerAt:2011.05  

Wendy Zhu 
Asked at 2011.05.10 22:57:19

answer Joanna wood  Answered at 2011.05.10 22:57:19
Second paragraph of Article VI of the Constitution stipulates that the State in the primary stage of socialism, uphold the public ownership dominant and diverse forms of ownership develop the basic economic system. In accordance with the Constitution, the primary stage of socialism in China, there are four economic forms: First, state-owned economy. It is made by the representatives of all the people of the means of production as a form of ownership. Second, collective economy the working people. It is the collective economic organizations by the common means of production workers in an economic form. Third, individual, private and other non-public economy. Individual economy of urban and rural self-employed workers by the possession of a small amount of production and products to individuals and family members engaged in work based on an economic form. Fourth, joint ventures, Sino-foreign cooperative enterprises and foreign companies. The determination of the basic economic system in China, is a summary of positive and negative experiences of socialist construction made the inevitable choice. Practice shows that the implementation of public ownership as the mainstay and various forms of ownership develop the basic economic system is the right choice for national strength and prosperity, but also hold high the great banner of Deng Xiaoping Theory, fully implement the "Three Represents" requires, at the conclusion of socialism building long-term practical experience, in particular, is a summary of the 20th century practice of reform and opening up since the 90s, based on the basic experience of Marxist economic theory of the new development. China's basic economic system is off society and realize the basic institutional guarantee for socialist modernization. Uphold and improve the primary stage of socialism's basic economic system, must adhere to the times and further improve the ownership structure adjustment, and in the following two aspects of practice and innovation: on the one hand, we must unswervingly consolidate and develop the public economy . On the other hand, we must unswervingly encourage, support and guide non-public economic development. References: Xinhua Constitution Q & Learning
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