Dual-track economy
id:
dual-track-economy-259-9693183
title:
Dual-track economy
text:
A dual-track system is an economic system in which the government controls key sectors of the economy, while allowing private enterprise limited control over the other sectors. In China, the government followed dual-track pricing until abolished in November 1989, known as "shuangguizhi" in Chinese. State-controlled (planned) prices, which were lower, accompanied the market prices, which were higher. This was done to ensure stability and gradual opening of markets. However, to provide incentive t
brand slug:
wiki
category slug:
encyclopedia
description:
Economy with planned and private sectors
original url:
https://en.wikipedia.org/wiki/Dual-track_economy
date created:
date modified:
2021-01-04T16:51:40Z
main entity:
{"identifier":"Q5310147","url":"https://www.wikidata.org/entity/Q5310147"}
image:
fields total:
13
integrity:
14