CHINA REFORM PLAN TO TEST STATE-RUN COMPANIES

CHINA REFORM PLAN TO TEST STATE-RUN COMPANIES
William Ide – November 17, 2013
BEIJING — China has announced a new wave of wide-ranging economic reforms that could put unprecedented pressure on the country’s state-owned enterprises and perhaps end decades of government dominance in some sectors of the economy.
China’s release late last week of a long list of what could become a historic new wave of reforms included specific details about a wide range of issues – from social changes such as easing the country’s one-child policy to measures to protect the environment. It even included plans to streamline the military, and anti-corruption measures that would provide government officials with housing and bar them from occupying other properties.
But, among the some 60 objectives outlined in the report, economic reforms were the most prominent.
China’s economy is expanding at its slowest rate in more than two decades and there are growing calls for the government to create a new economic model for the country. A model that relies less on exports and more on domestic consumption, that gives small and medium sized businesses more room, and allows the market to play a bigger role in the traditionally state-controlled economy.
http://www.voanews.com/content/china-reform-plan-to-test-state-run-companies/1791849.html
Comments
by: VANSON TRAN from: USA
November 17, 2013 9:35 PM
To my knowledge, Communism has been loosing its Objective to realize Equal Welfare for People since the Collapse of Soviet Union, and returning to the Capitalist Economy Market (CEM) which has also been progressing by previous Pure Capitalists in the past centuries when they returned their Colonies to related People. In reality Communist China, North Korea and Vietnam plus Cuba have been directing their Ideoology (Communism) into CEM as well under their New Terminology “Socialism Directed To The Economy Market”; However, They missed Considering This Equation: One Side is Socialism, and Another Side is Capitalism. This Equation has its two Conflicting Elements that must be chosen with ONE. Gradually, we realized Communists have become Red Capitalists, not Socialists at all? This is the reason, They Must Reform Many Times Until Its Theory and Practice are in balance when they become exactly as Capitalist Democratic Nations sooner or later./.

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