China has abundant natural resources, and favourable natural conditions to exploit them within the framework of a socialist economy. This book describes the evolution of China's present system of production, analysing the factors that have contributed to changes in the system, particularly since the founding of the People's Republic of China in 1949. The authors examine the major achievements and problems in economic development and in the distribution of the forces of production.First published in Chinese in 1983 by Commercial Press, Beijing.
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