Proper Attention Should Be Paid to the Supplementary Role of Microeconomic Regulation in Enterprises

Zhan Wu

Chinese Economy, 1986, vol. 20, issue 2, 83-89

Abstract: Following the development of a planned commodity economy and reforms in the urban and rural economic system, enhancement of decision-making powers of enterprises and efforts to activate the economy, a multiform economic regulation in industrial and commercial enterprises and between them has gradually emerged in cities and the countryside. I refer to it as microeconomic regulation, which is playing an important supplementary role to the state-regulated macroeconomics.

Date: 1986
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