Industrial Planning, Macro-economic Control and Government’s Role in the Perspective of Economic Crisis

Abstract

In the context of the economic crisis, this could be taken as a study on function of the government’s macro-control and industrial planning. Theoretical analysis shows that under the condition of information lack on industry planning, it would be very difficult to have entrepreneurs to carry out effective investment, making it impossible to achieve rapid economic recovery and development. With the Chinese government in industrial development, behavioral characteristics, this paper argues, industrial planning should, together with fiscal and monetary policies, as a means of macroeconomic control and become a part of government functions. In carrying out industrial planning, the government should do its own functional position, the quality of the information industry, the proportion of profitable projects, as well as the level of social benefits, is the government in the formulation of industrial planning should focus on variables.