The Theory of Market Economy and Its Macro-control Thought in Guanzi

Rongxia LÜ


Guanzi, as a collection of thoughts of Guan Zhong and his disciples, focuses on how to enrich the country and strengthen the people. It emphasizes national macro-control on the basis of market supply and demand changes and value laws, that is, it advocates the combination of market economy and macro-control, and is regarded as the representative of oriental economic thoughts. Guanzi’s economic thought is characterized by pragmatism, openness, compatibility, innovation and gradualism, and the macro-control thought it contains has important reference significance for China’s economic development under the new normal. With the establishment and development of China’s market economy, western economics, which specializes in market economy, has spread widely in China and exerted a profound influence on the formulation of national economic policies.


Guanzi; Macro-control; Market economy

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