The state-dominated market with state-owned companies. 1. The importance of the second industry, especially the heavy industry. 2. The heavy industry mainly consists of state-owned companies. 3. What are the state-owned companies. 4. The salient influence of the governments on the market. 5. The environmental regulations often receive better effects in China, with 1-2 examples.
The multi-level structure of the Chinese governments. 1. The political centralisation under a 5-level hierarchy. 2. The fiscal decentralisation with autonomy of local governments. 3. The results of this political economic context: upward responsibility, in which lower-level governments proactively implement upper-level policies (1-2 examples, on environment).
The internal structure of the state-owned firms. The double responsibility system: answering to both the local governments (horizontal) and upper-level offices (vertical), which is inherited from the government structure. 1-2 examples on environment.
Requirements: 4 single spaced pages
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