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Overseeing Power

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Chapter Summary

This chapter focuses on the issue of oversight and constraints on power, reviewing the changes which have occurred and the progress which has been made during the last 30 years of reforms and opening in China. It analyzes current problems with power oversight and constraints. The chapter also identifies causes so as to make policy recommendations on how to strengthen power oversight and constraints. During the 30 years of reforms and opening, in the process of establishing a socialist market economy and constructing socialist democratic politics, there has been important progress in the area of power oversight. The economic system reforms and the opening which began in 1978 have, by separating the government from enterprises, made state owned enterprises (SOE) more independent and more autonomous. The power oversight system in China is characterized by the important roles that one way top down oversight and specialized oversight agencies play.

Keywords: China's power oversight; economic system reforms; socialist market economy; state owned enterprises (SOE)

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