ABSTRACT

China's economic planning has been restricted mainly to the setting of targets, to drawing up lists of resolutions. It does not attempt to effect close integration of different economic sectors, nor is it much concerned with optimum allocation of resources. Throughout, and this can scarcely be stressed too much, economic planning in China is constrained by the deficiencies of the information on which it has to work, as well as by weaknesses in the administrative and supervisory organs charged with implementation of plans and with checking this implementation.