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China's economic reforms in a comparative perspective (英语)

The paper makes recommendations for simultaneously establishing macroeconomic equilibrium and extending the reform effort in China. As to the latter, recommendations are made (a) for increasing the decision-making power of enterprises which are to respond to profit incentives; (b) establishing the conditions for competition; (c) reforming prices; and (d) linking bonuses to work performance. The paper notes the desirability of taking simultaneous action...
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