Rationalizing Institutional Mechanisms, Developing Mixed Ownership

  • Changhong PeiEmail author
  • Chunxue Yang
  • Xinming Yang
Part of the China Governance System Research Series book series (CGSRS)


Since World War II (WWII), mixed ownership has become the major form of the world economies. In China, a mixed form of economy with public ownership in dominance has also been formed since the Reform and Opening-Up. However, to further optimize the economic system in China, mutual development of various economic forms is not enough. What is also needed is to have “variously-owned capital to complement and improve each other and to develop simultaneously” so that the overall quality of the national economy is enhanced and a micro-sector is formed that supports the sustained optimization of the basic economic system—the economic sector of mixed ownership.

Copyright information

© China Social Sciences Press and Springer Nature Singapore Pte Ltd. 2019

Authors and Affiliations

  1. 1.Institute of EconomicsChinese Academy of Social SciencesBeijingChina
  2. 2.Capital University of Economics and BusinessBeijingChina
  3. 3.Institute of EconomicsChinese Academy of Social SciencesBeijingChina

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