China’s price liberalisation and market reform: A historical perspective

@inproceedings{Jun2018ChinasPL,
  title={China’s price liberalisation and market reform: A historical perspective},
  author={Zhang Jun},
  year={2018}
}
China’s old planned economy had many defects. The spontaneous partial changes in land contracting to households in rural areas in the early years of reform were fragmented and unsystematic, but they did not create the conditions for the meltdown of the planned economic system. Economic reform was put on the national agenda in 1984, when the third plenary session of the twelfth Central Committee of the Communist Party (CCCP) passed its ‘Decision on the Reform of the Economic Structure’. This… CONTINUE READING

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