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As an emerging market economy, China has been the fastest-growing
major nation for the past quarter of a century. The rapid economic
growth of China results in enormous market capacity and potentials
for further growth. Undoubtedly, it is ascribed to the continuous
market-oriented economic reforms in various fields of China. The
economic entity behaviours are becoming increasingly regularised,
tending to follow or be guided by the market economy principles.
The enterprises, even the state-owned ones, make their own
production and operation decisions gearing to market demands
instead of the administrative arrangements. This book presents an
objective analysis on China's economic reform and practices in
these fields.
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