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Print[Ferro-Alloys.com]Market resources allocation was the key to solve industrial overcapacity, the Plenum of the 18 th indicated, the central problem was to handle the relationship between government and market. China is in a transition from its planned economy to a socialist market economy. Many of its current systems remain to be improved.
It was a common discipline that resource allocation depends on market economy reform. When market prices fluctuated, market supply-demand relationship changed. As a result, the market resource adjusted. In a word, The market resources optimal allocation depended on market mechanism adjustment.
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