Development Management Progress and Challenges in the People's Republic of China
Asian Development Bank | June 2002
The People's Republic of China’s (PRC) transition to a market economy has put extraordinary demands on the Government to change the fiscal, policy, and regulatory environment into one that is appropriate for managing a modern market economy. Over the past decade the Government has made rapid progress in developing an economic management framework with modern institutions and practices. A series of reforms have improved public administration by reducing the Government’s role, increasing the private sector’s role, decentralizing power, and making use of market forces to improve productivity and efficiency.
CitationAsian Development Bank. 2002. Development Management Progress and Challenges in the People's Republic of China. © Asian Development Bank. http://hdl.handle.net/11540/5492.
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