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Published on: 28. March 2023

30 years of 'socialist market economy'

Bildnummer: 52797345  Datum: 03.12.2008  Copyright: imago/Xinhua
Investoren verfolgen die Börsenwerte am Stock Exchange in Shanghai - PUBLICATIONxNOTxINxCHN , Personen , Silhouette , Symbolfoto , premiumd; 2008, Shanghai, China, Anleger, Börsenwert, Anzeigetafel, Finanzen, Finanzmarkt; , quer, Kbdig, Gruppenbild, Börse, Wirtschaft,  ,  , Asien o0 Marktwirtschaft

Bildnummer 52797345 Date 03 12 2008 Copyright Imago XINHUA Investors track the Stock market values at Stick Exchange in Shanghai PUBLICATIONxNOTxINxCHN People Silhouette Symbolic image premiumd 2008 Shanghai China Investors Stock market value Scoreboard Finance Financial market horizontal Kbdig Group photo Exchange Economy Asia o0 Market economy
30 years after the proclamation of the "socialist market economy", the People's Republic under Xi Jinping seems to be relying much more on a centralized economy. But this impression is deceiving. In fact, the private sector has grown faster than state entrepreneurship, even since the beginning of Xi's term in office. China's new Premier Li Qiang also emphasizes how important private enterprises are to him.

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Last updated: 24. July 2025
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