A Discussion about the Development of Socialist Market Economic System with the Transformation of Government Function
Wang Yuan, Wang Zuojun
Abstract
Since the establishment of the socialist market economic system on the 14th Chinese Communist Party Congress
which was held in 1992, the relationship between government and market remains the core issue in the modern
society. No matter how one side trades off and the other side takes turns, both of the government and the market
should present their collaboration in the social and economic development. This paper reviews the development
of China with the socialist market system since the reform and opening up. Meanwhile, on the basis of deepening
the transformation of government functions and the development of socialist market system, many problems are
pointed out existing in the transformation of government functions and coordinating the development of the
market system, and some relevant proposals are put forward.
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