Is china a mixed or command?

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2026-04-28 00:56

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China is generally considered a mixed economy, combining elements of both command and market systems. While the government maintains significant control over key industries and sectors, there has been a shift towards market-oriented reforms since the late 1970s. This has allowed for private ownership and foreign investment, contributing to rapid economic growth. However, the state continues to play a crucial role in regulating and guiding the economy.

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