This chapter describes the notable features of China's growth. One of its features is the development of a corporate sector that produced the largest and fastest growing companies in the world. The transformation of China's industrial sector from being run by the state to being marketized is caused not only by economic policies but also legal reforms. The economic policies and institutional reforms have contributed to the development of a market economy from a centrally planned economic system where the state dictated output, prices, and other aspects of supply and demand.
Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
If you think you should have access to this title, please contact your librarian.