market economy rule and socialist

Third, why China can hand over to the world surprise papers

By the U.S. triggered by international financial crisis to the global economy has caused heavy wounds, many major economies too, while China is almost an exception. Crisis as a global final exam, but also for countries to deal with crises of system of a major inspection. Here we choose G20 country four main macroeconomic index comparison: one is the economic growth rate; 2 it is inflation rate, Three is unemployment, The fourth is fiscal deficit of GDP.

From 20 countries exam achievement, 2009 in lati (China national main macroeconomic indexes, including best economic growth at the top, for 9.2%, is one of the few 7 avoid negative economic one of the countries. 2009 the American economic growth is - 2.5%, the eu countries average is - 3.9%, Japan is 5.3% than economic growth, China's second Indian higher than 2.7 percent.

Source: The leading newspapers that are on Feb. 26th, 20th - 2010, pp. 89-90, Including China urban unemployment Numbers is unemployment, investigating the registration may be slightly high unemployment.

Very ironically, January 2009, time magazine maliciously prophecy: "China has begun economic decline, perhaps even worse than the U.S. economy", "Chinese miracle", it is hard to continue "is just a gridlock'd country". March 2, the magazine also publicly prophecy, 2009 China's GDP growth of not more than 4%. But this prophecy quickly (only 10 months) was facts have break. China was the final exam, take the lead in recovery in the world, realize the stable growth, realized the main macroeconomic goals, surrendered an impressive and wonder "search, and the genuine of economic decline is American himself. At the same time China greatly narrowed the gap with the United States, the relative GDP from pre-crisis 4 times down to about 2.5 times of crisis.

Why China can compare to successfully against financial crisis? What are the deep understanding and important experience? First is we to socialist system political advantage to have a good understanding and profound grasp. Second is the relation between market and government, which adhere to the government-led and guide, and give full play to the basic role of the market in resource allocation. In the investment, for example, 2009-2010 government invested 4 trillion yuan, but drive the 10 times above the non-government investment, two years the social fixed assets investment accumulative total reached 50.3 trillion yuan, assure to China's economic growth.

National development capability and national ability is different, to deal with the international financial crisis were also quite different. From China's situation, we deal with crises ability mainly from: first, the entire Chinese people collective learning, flexible, good at competitive ability of development, Second, efficient national decision-making ability; Third, powerful political mobilization ability; Fourth, growing by the national finance ability; Fifth, giving full play to the central and local "two enthusiasm".

Caused by the United States and exported to the world of international financial crisis is essentially an unprecedented capitalism crisis, China successfully to deal with the international financial crisis caused by American wide attention of scholars, but also causes them to a capitalist crisis self-reflections. One of the most compelling American scholars Francis Fukuyama, Francis Fukuyama () recently published articles praise: China is successfully against financial crisis, is based on her political system, able to quickly make significant, complicated decision-making, and effectively implement decisions, at least in the field of economic policy is so. In comparison, the United States is not have to deal with crises system capacity, it become more rigid. In fact, this is he to before 20 years ago publication "the end of history, part of the corrections or negation.

In short, China "road" is not only a never had the new road, or a more successful way for a new road. The best choice is: walk yourself's road, let other people say!