On Market Growth

Abstract

This article mainly discusses market growth in the Chinese economy. The author analyses the difficulties of Chinese marketing reform, and points out that the key to market growth is not perfection of the market system but establishment of a market base. Without a property right system, a market system will not perform efficiently. Therefore market growth cannot be a natural course of system conversion in China. Many system obstacles are hindering market growth. Chinese market growth must experience a social system reform in order to nurture a new market system.

Citation

Wan, J. (1991), "On Market Growth", International Journal of Social Economics, Vol. 18 No. 8/9/10, pp. 51-59. https://doi.org/10.1108/03068299110137389