It is a major channel for socialist consultative democracy and a specialist consultative body. (Video reporters: Cao Li, Li Shuai, Mei Yuanlong, Fang Yadong, Yan Rui, Zhao Yuhe, Yuan Xun, Zhang Mengjie, Liu Yuxuan, Su Chuanyi, Sun Shaoxiong; Video editors: Yang Zhixiang, Li Qin) ■ You...
For any sensible mind, the term 'socialist market economy' is an oxymoron the two adjectives conflict. This definition appeared relatively late — in 1992, during the 14th National Congress of the Communist Party of China — as the policy of reform and opening that began in 1978. Up to ...
The year 2024 marks the 75th anniversary of the founding of the People's Republic of China and is a crucial year for the realization of the goals and tasks of the 14th Five-Year Plan (2021-25). In such a significant year, what issues are especially worthy of attention at the two sessi...
aand having 6 . Now he is a good swimmer.[translate] aI say to myself, There are 9 fishes behind me! Then I'm very afraid, and[translate] areduce current 减少潮流[translate] aIt to and socialist market economy system phase adaptation, and and socialist legal specification phase coordinati...
I’m one of the candidates who have applied for the internship in your pany. I’m glad to have received your offer. Here I’d like to express my gratitude to you and your pany sincerely. As far as I am concerned, the offer is far more than a simplex internship opportunity. It’s ...
as all property is communally owned, whereas a socialist society allows for individual property rights (though they may be less robust than in acapitalistic society). Practically speaking, strict adherence to the communist theory will vary by country, as some may be more socialist with respect to...
ineconomicsis not limited to government use. Businesses of all sizes may choose to spend more money up front in hopes of generating funds to pay off the investment at a later date. For example, a manufacturer may choose to purchase new machinery for a factory, with the understanding that th...
Generally speaking, a socialist economy is a system in which there is collective ownership of the means of production, central planning, and a broad emphasis on equality. In comparison, one of thetraditional argumentsfor afree marketeconomy is that it provides businesses with a tangible incentive t...
In a socialist economy, the state is the primary employer. During times of economic hardship, the socialist state can order hiring, so there is full employment. Also, there tends to be a stronger "safety net" in socialist systems for workers who are injured or permanently disabled. Those who...
It is a version of socialism wherein the economy is socialist—production and wealth are generally collectively owned—but the government is a democracy. Democratic socialism is opposed to authoritarian forms of governance and its members believe that government should help provide basic needs, such ...