ABSTRACT
This chapter focuses on economic management system, especially the financial and money management system. Economic returns from capital construction investment and enterprise production operation can be raised, leading to higher state budget revenues. Production plans were overfulfilled and profits were turned over to higher authorities. For peasants, in addition to correcting the extreme Left line of the "Gang of Four" and allowing plenty of autonomy to agricultural production teams, the purchase prices for agricultural products were increased by 22%. In 1960 and 1961, because of excessive money supply and poor harvests, prices at farmers' markets went up by leaps and bounds. In 1958, a year with the greatest waste, there was a budget surplus of 3.38 billion yuan. Irrational prices also lead to budget imbalance. After market regulation is extensively employed, banks, like prices, must become an important regulating lever.
