Chinese Experience in Village-wide Economy through Collectivization and Reform after 1949*

Wang Jingxin
Rural Research Center, Zhejiang Normal University, Jinhua, China
Abstract: China’s village-wide economy has reached a critical stage of transition. This change is characterized by structural diversification and non-agricultural development. This paper summarizes China’s experiences in the transitional development of village wide economy, including: sustained growth of agriculture to ensure food security and social stability, regional experiments on the initiative of farmers followed by government recognition and mandate, adherence to the principle of equal starting points andeconomic democracy in resource allocation, incentives for entrepreneurship, innovation of village-wide elites, and creation of small economic and cultural hubs.
Key words: village-wide economy, transitional development, Chinese experience

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