The Ministry of Finance of the People's Republic of China is the constituent department of the State Council of the People's Republic of China which administers macroeconomic policies and the annual budget. It also handles fiscal policy, economic regulations and government expenditure for the state.
The Ministry of Commerce (MOFCOM) is a executive department of the State Council of the People's Republic of China that is responsible for formulating policy on foreign trade, export and import regulations, foreign direct investments, consumer protection, market competition and negotiating bilateral and multilateral trade agreements. it is the 20th-ranking department of the State Council. The current minister is Wang Wentao.
The socialist market economy (SME) is the economic system and model of economic development employed in the People's Republic of China. The system is a market economy with the predominance of public ownership and state-owned enterprises. The term "socialist market economy" was introduced by Jiang Zemin during the 14th National Congress of the Chinese Communist Party (CCP) in 1992 to describe the goal of China's economic reforms.
Dirigisme or dirigism is an economic doctrine in which the state plays a strong directive (policies) role, contrary to a merely regulatory interventionist role, over a market economy. As an economic doctrine, dirigisme is the opposite of laissez-faire, stressing a positive role for state intervention in curbing productive inefficiencies and market failures. Dirigiste policies often include indicative planning, state-directed investment, and the use of market instruments to incentivize market entities to fulfill state economic objectives.
Regional policy is the sum of a series of policies formulated according to regional differences to coordinate regional relations and regional macro operation mechanism, which affects regional development at the macro level. It includes regional economic policy, regional social policy, regional environmental policy, regional political policy, regional cultural policy, etc.Regional policy aims to improve economic conditions in regions of relative disadvantage, either within a nation or within a supranational grouping such as the European Union. Additionally, a regional policy may try to address high levels of unemployment and lower-than-average per capita incomes. Its main tool is public investment.
The Licence Raj or Permit Raj is a pejorative for the system of strict government control and regulation of the Indian economy that was in place from the 1950s to the early 1990s. Under this system, businesses in India were required to obtain licences from the government in order to operate, and these licences were often difficult to obtain.
The ministries of Poland are the various departments performing functions implemented by the Polish government. Each ministry is headed by a governmental minister selected by the Prime Minister, who sits in the collective executive Council of Ministers. The current competences and regulations of the ministries were established under a series of central administrative reforms carried out by prime ministers Józef Oleksy and Włodzimierz Cimoszewicz between 1996 and 1997. Under legal regulations, the cabinet can create, combine, or dissolve ministries, with the Prime Minister determining the scope and responsibilities of ministers. The number and range of ministries has varied throughout the past.
The economic history of China describes the changes and developments in China's economy from the founding of the People's Republic of China (PRC) in 1949 to the present day. The speed of China's transformation in this period from one of the poorest countries to one of the world's largest economies is unmatched in history.
On the eve of the 1921 revolution, Mongolia had an underdeveloped, stagnant economy based on nomadic animal husbandry. Farming and industry were almost nonexistent; transportation and communications were primitive; banking, services, and trade were almost exclusively in the hands of Chinese or other foreigners. Most of the people were illiterate nomadic herders, and a large part of the male labour force lived in the monasteries, contributing little to the economy. Property in the form of livestock was owned primarily by aristocrats and monasteries; ownership of the remaining sectors of the economy was dominated by Chinese or other foreigners. Mongolia's new rulers thus were faced with a daunting task in building a modern, socialist economy.
The U.S.–China Strategic and Economic Dialogue (S&ED) was a high-level dialogue for the United States and China to discuss a wide range of regional and global strategic and economic issues between both countries. The establishment of the S&ED was announced on April 1, 2009, by U.S. President Barack Obama and Chinese President Hu Jintao. The upgraded mechanism replaced the former Senior Dialogue and Strategic Economic Dialogue started under the George W. Bush administration. High-level representatives of both countries and their delegations will met annually at capitals alternating between the two countries.
The National Energy Commission is an interdepartmental coordinating agency of the State Council that coordinates the overall energy policies for the People's Republic of China. The body includes 23 members from other agencies such as environment, finance, central bank, National Development and Reform Commission.
The Central Financial and Economic Affairs Commission is a commission of the Central Committee of the Chinese Communist Party in charge of leading and supervising economic work of both the CCP Central Committee and the State Council. The Commission is generally headed by CCP General Secretary or Premier of the State Council.
Bangladesh Planning Commission is the economic public policy institution of the Government of Bangladesh. The Planning Commission undertakes research studies and policy development initiatives for the growth of national economy and the expansion of the public infrastructure of the country, in tandem under the Ministry of Planning and alongside the Ministry of Finance.
Amara M. Konneh is a Liberian national who serves as a senior advisor for Africa for the World Bank. In this role, he advises the World Bank on regional economic integration to create economic hubs for value chains and helps build strategic partnerships with Africa's regional economic commissions. Prior to that, he served as lead advisor for the Bank's engagements in countries affected by fragility, conflict, violence, and forced displacement with emphasis on Ethiopia, Eritrea, Kenya, and Nigeria.
Infrastructure-based economic development, also called infrastructure-driven development, combines key policy characteristics inherited from the Rooseveltian progressive tradition and neo-Keynesian economics in the United States, France's Gaullist and neo-Colbertist centralized economic planning, Scandinavian social democracy as well as Singaporean and Chinese state capitalism: it holds that a substantial proportion of a nation’s resources must be systematically directed towards long term assets such as transportation, energy and social infrastructure in the name of long term economic efficiency and social equity.
The Anti Monopoly Law of China is the main legal statute that regulates competition law in the People’s Republic of China. The National People’s Congress passed it in 2007 and it came into effect on 1 August 2008. The law aims to prevent and restrain monopolistic behaviors, protect fair market competition, safeguard consumer interests, and promote the healthy development of the socialist market economy.
The Central Comprehensively Deepening Reforms Commission, also translated as the Central Commission for Deepening Reform, is a policy formulation and implementation body of the Central Committee of the Chinese Communist Party (CCP) in charge of "Comprehensively Deepening Reforms". These reforms are intended to be even more far-reaching than the previous round of comprehensive Chinese economic reforms initiated by Deng Xiaoping.
Sadek Wahba is an American economist and businessman. He is the founder and managing partner of the Miami-based global infrastructure investment company I Squared Capital. In 2022 he was appointed by President Biden to the President's National Infrastructure Advisory Council.
Zheng Shanjie is a Chinese politician who has served as the Chairman of the National Development and Reform Commission (NDRC) since March 2023, and as Governor as well as Chinese Communist Party Deputy Committee Secretary of Zhejiang and CCP Committee Secretary of Ningbo.
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