Lecture 5: Industrial Production Planning

Ma Chi-k'ung and Tsung Shih

Chinese Economy, 1977, vol. 10, issue 3, 15-26

Abstract: Industry is the most important material production sector of the national economy. Industry is the producer of all modern means of production. Only by developing industrial production, especially heavy industrial production, can it be guaranteed that the application of new technology and equipment will transform the various sectors of the national economy, lead to the establishment of social production based on advanced technology, and guarantee the economic independence of the nation and the consolidation of national defense.

Date: 1977
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