Looking at the People’s Republic of China (PRC) reforms it is
necessary to mention that they were not resulted from foreign experts or from
other countries experience they were a result of a long term Chinese strategy.
This strategy includes such aspects as economy system, social benefits national
safety provided that PRC is open to international influence. This long term
strategy has its main tools of planning system. With the help of such system
government can control all market processes which, for sure, lead to the growth
and success in economy. Alongside of such model, Chinese government before and
nowadays use methods of direct and indirect regulations as well as
administrative influence. It means that such government interference in market
process will make state structures powerful and experienced players in this
game. It is necessary to say that in the period of globalized world economy
multinational corporations started influencing all processes more and more, and
we need to review role of government regulation. In this work next step will be
directed at legal support and identification of effective government functions
which can influence and control private sector. These government functions
regulation can help to create balance between state, private assets and
international organization in order to have a good basis for competitive world
economic position. The article has a purpose to analyze key features of Chinese
planning system, distinguish peculiarities and apply to other systems. In the article following methods are used
chronological development of the system starting from the beginning; dialectical method of making conclusion basing on facts; and
elements of comparative analysis. Result
of this article is opportunity to apply such characteristics to other
Cite this paper
O. Kucher, "Legal Support of Planning in the PRC," Beijing Law Review
, Vol. 4 No. 2, 2013, pp. 55-60. doi: 10.4236/blr.2013.42007
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