China's Market Economy and theGovernment's Economic Function

Key words: 
• market economy

Abstract: Conditioned by the socialistsystem and manifold national conditions in the process of industrialization andmodernization, China's market economy is inevitably characterized by governmental guiding,which is the basic economic function of the Chinese government. The key to a sounddevelopment of China's market economy lies in overcoming the invalidity on the part of themarket and the government and bringing into full play the positive functions of themarket. The ideal state of China's market economy is the unity of a highly effectivemarket and a strongly powerful government.