Market Within Control: China’s State-Directed Political Economy
The national market is divided into three layers: the bottom layer of free-market economy, the top layer of state capital, and the middle ground where government agencies and private enterprises interact. In elaborating on and exploring the concepts and roles of these three layers of markets, the process profoundly analyzes the China-centered market and social order that has been formed throughout Chinese history, which is subject to regulations of state governance. Therefore, China's economy serves politics, and politics plays an active role in the economy. Even in modern China, as a socialist country that also has the characteristics of a free-market economy, the economy remains under political jurisdiction and serves China's state political management.