China Policy

China is a socialist state. According to the state constitution of 1982, 'State is to guide the country's economic development. The state council is to direct its subordinate bodies in drawing up and carrying out the national economic plan and the state budget.' These are the development ideology and principle in China.
In fact from the very beginning, China used the input substitution policy as the economic development ideology. That means the government planned to use a larger proportion of labor force in agriculture production. And used the high intensive modes of production. …