Title: Market Mechanism and Govenment Interference
Abstract: The essentials of industrial policy is to optimize the industrial structure through government interference with resource allocation. Nowadays, China meets the great challenge such as Gradually-reform, adjustment of economy structure and enhancing international competition, which bring industrial policy into prominence. In order to coordinate market-oriented reform, the kernel of industrial policy is to encourage innovation, advocate competition, support infant-industry and so on.
Publication Year: 2002
Publication Date: 2002-01-01
Language: en
Type: article
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