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The Lengthening of China's Target of Macro - regulation and its causes.

Tang Zaixin  
One feature of China's macro-regulation is the lengthening of the target plan. In the 20 years after the start of reform and opening-up, the emphasis had been on the control of inflation. Since 1998, the target has shifted to the stimulation of demestic demand. The causes of these are the aftereffect of the planned economy for the former and a result of the development of market e- conomy and consequence of its immaturity for the latter.
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