Glossary
Centrally Planned Economy (CPE): This is based upon the supposition that ‘society’ (in practice the planning agencies, under the authority of the political leadership) knows or can discover what is needed, and can issue orders incorporating these needs, while allocating the required means of production so that the needs are economically met.
Chinese Communist Party Central Committee (CCPCC): This has been virtually the most important power body in China. Seated at Zhongnan Sea in central Beijing, Political Bureau (PB) is the standing organ of the CCPCC. The PB’s members and its more powerful standing members can be frequently found in the evening news of China’s official media, including the CCTV.
Chinese People’s Political Consultative ...
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