The Revival And Development Of Chinese Nongovernmental Economy

Centering around the two core questions of how to perceive the status and role of China's nongovernmental economy in the period of reform and opening-up and how to further develop and reinforce such form of economy, the present study gives its definition, connotation and denotation of non-governmental economy, and testifies the historical necessity for its recovery in China since the reform and opening-up. To cope with employment for the time being poses a practical and pressing need for nongovermental economy, while the fundamental drive is to vitalize the economy and develop all kinds of causes in a rather speedy and healthy manner. Meanwhile the successful practice of economic reform in the rural areas provides precious experience and solid material basis for the recovery and development of nongovermental economy. Discussions are then made on the evolution, status quo and future of non-governmental economy since the reform and opening-up. Emphasis is given to the analysis of the status and contribution of Chinese private economies, snowing that private economy is key driving force to push the society forward and nongovermental economy owners are builders of the socialist causes with Chinese characteristics. In the end proposals are made on how to further develop and strengthen non-governmental economy, with reference to the basic philosophy of politics and economics.Much progress of study on Non-govermental economy has been made in the theoretical circle in recent years. However, how to more precisely define private economy, how to approach the "original sin" and exploitations within such economies, how to build new institutions in Non-govermental economy since China's entrance into WTO and how to guide its integration with socialist and communist systems for the time being and in the future, remain core questions and difficulties for theoreticians. Recommendations of this paper include: 1, While the present definition for nongovermental economy is still controversial, this paper gives its demarcations in terms of the entity running business and the nature of the economy, believing that nongovermental economies are commodity economy run by the masses.2, The success of the joint contract and responsibility system for farmer families in agriculture is a success of the private economy system, which has broken the ideological insistence on regarding it as capitalism, and therefore clears the way for the stride of nongovermental economies. 3 No absolute public ownership or private ownership exists in any society, because even if the means of production are entirely public, the means of living remain private, and the excess of the means of living and their possible transformation into the means of production are hardly avoidable. 4 As a resort to develop national economy, privatization, like nationalization, can be utilized by both socialist and capitalist countries.