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How China Economy Works?

12 September 2013   20:56 Diperbarui: 24 Juni 2015   07:59 247
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Menarik utk melihat dan membandingkan ekonomi RI dgn negara lain mengingat system yg di miliki pemerintah gagal utk mensejahterakan rakyatnya.

Utk itu mari kita lihat system ekonomi china terlebih dahulu sebelum melihat system ekonomi negara2 lainnya sehingga kita bisa Kaizen di kemudian hari.

China has attention to the structure and health of the economy.

They have 2 plans called “Two 100s”:
1. In 2020 which is the 100th anniversary of the Chinese Communist Party, the material goal of China becoming a “moderately well-off society”
2. In2049 which is the 100th anniversary of the founding of the People’s Republic, the modernization goal of China becoming a fully developed nation.

Now how they achieve this?

1. Most economic growth of China is created from Special Economic Zones of the People's Republic of China.

In the early 1980s steps were taken to expand the number of areas that could accept foreign investment. Laws on contracts, patents, and other matters of concern to foreign businesses were also passed in an effort to attract international capital to spur China's development.

2. Capitalism is to be utilized to help the building of the "New China" and finally merged into communism. Meaning Since 1978, the government had focused on foreign trade as a major vehicle for economic growth. Foreign trade is supervised by the Ministry of Commerce, customs, and the Bank of China, the foreign exchange arm of the Chinese banking system, which controls access to the foreign currency required for imports.

In the 1980s, China tried to combine central planning with market-oriented reforms to increase productivity, living standards, and technological quality without exacerbating inflation, unemployment, and budget deficits.

Reforms began in the agricultural, industrial, fiscal, financial, banking, price setting, and labor systems.

Reform in agriculture,

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