On the Contribution of China's Market-oriented Reforms to Economic Growth

Abstract

This paper will analyze the reasons and environment of China's market-oriented reform, and argue the fundamental motivation and necessity of China's market-oriented reform. After that, this paper will cite relevant data and researches to analyze the internal logic of socialist marketization, explain the operation mode of China's market-oriented reform, and prove the effect of market-oriented reform. Finally, according to the reform process, this paper will divide the socialist marketization reform into three parts for analysis: the initial grass-roots social market economy experiment, the subsequent gradual deepening of the marketization reform of township and village enterprises, and the comprehensive socialist marketization reform and comprehensive deepening. This paper will follow the above steps to argue the reasons for the success of China's socialist market economy reform. Combined with the above argumentation process, this paper will come to the view that China's market-oriented reform has made an important contribution to China's economy.