ABSTRACT
Before drawing together some conclusions from our study, we must first remind ourselves of the limited character of our aims. We have not set out to pass judgment on the degree of success or failure of the economic policy of the Chinese government as a whole, nor to chart quantitatively the course of production and investment. Our primary purpose has been to consider the institutional framework of the Chinese economy, the relationships between its various parts, and their manner of operation, although at times we have given an opinion on the appropriateness of institutional arrangements to their purposes. The limits of our knowledge must equally be stressed and the large margin of uncertainty which, as the reader will by now have seen, surrounds so much of the discussion of the Chinese economy.
