September 2012
Beginner
310 pages
15h 37m
English
Content preview from Understanding the Chinese EconomiesBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Glossary
Centrally Planned Economy (CPE): This is based upon the supposition that ‘society’ (in practice the planning agencies, under the authority of the political leadership) knows or can discover what is needed, and can issue orders incorporating these needs, while allocating the required means of production so that the needs are economically met.
Chinese Communist Party Central Committee (CCPCC): This has been virtually the most important power body in China. Seated at Zhongnan Sea in central Beijing, Political Bureau (PB) is the standing organ of the CCPCC. The PB’s members and its more powerful standing members can be frequently found in the evening news of China’s official media, including the CCTV.
Chinese People’s Political Consultative ...
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