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《Economic Research Journal》 2001-01
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The Ownership Change and the Economic Growth and Upgrading of Factors Efficiency

Liu Wei& Li Shaorong  
The important characteristic of the transformation of Chinese economic system is that the ration of state-owned economy descends since the economic reform.It is embodied in China's economic growth which displays both the increase in the ratio of GDP and the rate of growth.It is manifested in the equilibrium of growth ,i.e. the nonstate\|owned economy is bound by the market more than the state\|owned one,and therefore it reduces the effect of governmental intervention. It is represented in factor efficiency, i.e. the efficiency of social labor and capital will increase as the ratio of nonstate\|owned economy increases ,it will especially enhance the efficiency of capital.
【CateGory Index】: F121
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