Why Does the Chinese Regime Continue to Pursue a Planned Economy?

Why Does the Chinese Regime Continue to Pursue a Planned Economy?
A television screen at a restaurant in Beijing shows Chinese leader Xi Jinping speaking during a broadcast from Shenzhen at an event marking the 40th anniversary of the establishment of the Shenzhen Special Economic Zone on Oct.14, 2020. Noel Celis/AFP via Getty Images
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Commentary
Among the four major problems of China’s economy—if upgrading of the manufacturing sector; turning the real economy into the fictitious economy; and Beijing’s desire to push its “internal circulation” concept are considered difficult, then the ideological problem is a dead end.
Wang He
Wang He
Author
Wang He has master’s degrees in law and history, and has studied the international communist movement. He was a university lecturer and an executive of a large private firm in China. Wang now lives in North America and has published commentaries on China’s current affairs and politics since 2017.
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