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Public Law of China’s State-Directed Economy

  • Luyao Che
Chapter

Abstract

This chapter focuses on public law, explaining how the Chinese state relies on public legal arrangements to perform its triple role, especially its roles as a competitor and a regulator. As for its role as a competitor, relevant legal instruments grant SOEs and the competent authorities a series of privileges or public functions, such as entitlement over land and natural resources, in order to ensure their inherent strength in market competition. Regarding its role as a regulator, public law ensures the oversight by relevant authorities of the market and a certain degree of flexibility for those authorities to intervene in the market. However, this chapter points out that, in performing the roles of both a competitor and a regulator, the public functions and privileges of the state carry increasingly less weight because the economy is relying more on the market, rather than the administrative power of the state, in parallel with the gradually deepening economic reform.

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Copyright information

© Springer Nature Singapore Pte Ltd. 2019

Authors and Affiliations

  • Luyao Che
    • 1
  1. 1.China University of Political Science and LawBeijingChina

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