The Specifics of the State-Business Relations in Modern China

Специфика взаимоотношений государства и бизнеса в современном Китае

Pakhomova, Maria (Пахомова, Мария) ()
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Pakhomova, Maria (Пахомова, Мария): Russian Presidential Academy of National Economy and Public Administration

Eurasian integration: economy, law, politics, 2023, issue 3, 168-178

Abstract: For the further development of Russian-Chinese cooperation, it is fundamentally important to understand fully the specific characteristics of the political, economic and social system of this country, which, in particular, is determined by the established system of the state — business relations. Aim. To identify the specifics of the model of relations between government and business, which has developed in the PRC during the period of economic reforms and is one of the most important aspects of the “Chinese miracle”. Tasks. To determine the applicability of Western models of state and business relations to Chinese realities, to characterize the main basic principles and approaches to the regulation of relations between the state and business, to identify problems, contradictions and prospects for their resolution in the conditions of modern China. Methods. System and comparative analysis, scientific generalization, expert assessments. Results. The specific characteristics of the state-business relations model in the country are determined, on the one hand, by the polymorphous nature of the Chinese state, on the other — by the formation of business as a hybrid actor. In this regard, it is, in our opinion, incorrect to see the state-business relations in China as uniform or dominated by a specific form of interaction. In reality, these relations are heterogeneous and vary not only depending on regions and sectors, but also “uneven” across different types of business actors within the same sector and/or region, as a result of which different types of businesses have different degrees of closeness to the state and subnational authorities. Conclusion. The system, historically formed under the influence of decisions and actions of the ruling party at various stages of the development of modern Chinese statehood, despite its complexity and often confusion, nevertheless allows the government to maneuver flexibly in the situations of serious economic and financial shocks caused by both economic and socio-political factors.

Keywords: China; business; state; Communist Party of China; economic reforms; public policy (search for similar items in EconPapers)
Date: 2023
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