According to China's Geely profess the Capitalist Economic System

According to China's Geely profess the Capitalist Economic System ; Until now, People's Republic of China still adhered to the socialist political system characterized by the communists in control of land and 100 percent state-controlled one-party system which embraces the Communist Party of China.

Systems such as state-owned land ownership was the result of a tenacious struggle of Mao Zedung that can subvert the old system, that the lands in mainland China are owned by the landlords.

In 1949 Mao became the leader of the Communist Party of China (CCP) and one year after that in 1950, he made a decision (land reform) that all land in China, turned its use into the collectivity, and only one ruling party.

The system was apparently not a long walk, because after Deng Xioping became leader of the communist party in power to allow people to attempt harder, more varied and farming tools and the automotive industry producing more so the results may support the local needs and can be sold to other countries.

The system will prevent mass starvation and high unemployment rates, because China's population from the beginning until now most big compared to other countries.

Currently analysts estimate China's total population of about 1.5 billion people despite the existing restrictions on the number of births one family one child.

A company is the largest private cars in China, Geely Holding Auotomobile, proving that the government of China is now different from the mass of her past. Although still smelled of communist politics, but the economic system adopted is open enough, if you do not want to be called very capitalist.

Geely has made an initial public offering (IPO) or sale of shares to the public through the Hong Kong stock market, which most likely will also be listed in the other world stock markets.

According to Marketing Director Geely Mobil Indonesia, Richard Yang told Antara, in Beijing not long ago, Geely is now capable of producing 300 units of cars per day by using advanced technology or robots. Demand-even every day also rose.

With a total workforce of more than 14 thousand people who supported 200 engineers, including 10 doctoral dropout of the world's leading universities, like Harvard (USA), Sorbone (France), and a variety of the University in Japan and South Korea.

Geely cars are now able to export products to several countries such as Russia, Ukraine, India and Indonesia following the progress of automotive technology developed by China's engineers are trained overseas.

By Ted C. Fishman, a senior journalist from the U.S. and author of China Inc.. (2006), if the government did not open China's economic system, there will be famine in various provinces and the remarkable increase in unemployment as in the era of the 1960s-1970s.

In order to prevent hunger in a sustainable, brilliant idea emerged from Mao Zedong's successor, namely Deng Xioping to open its economy from closed systems to open systems without changing the system of communist ideology.

In a statement, "Socialism with Chinese Characteristics" is defined socialism, China has its own characteristics.

This means that the communist ideology that does not mean "forbid" the entry of foreign capital and banned products from China to overseas. That means Deng was no longer follow maszab Stalin and Karl Marx, the father of communism was, in terms of economic practice run.

Thus, China became the target of many foreign investors, Deutsche Bank, Capital Land from Singapore, Morgan Stanley, Prudential, HSBC and several other world financial investors who've sat in almost all provinces, especially Beijing and Shanghai.

With the opening of China's economic system, the face of the country known as the bamboo curtain has totally changed. In the 1970s farmers in the region Xiogang Anhui Province, has a 2.50 dollar per year revenue equivalent to 20 yuan, the poorest in the world at that time. But now has a per capita income of 6600 dollars that have been spelled out high. Average citizens been able to buy electric-powered motorcycles and even some longer be able to buy a Volvo and BMW cars classmates.

Between the time of observation following the auto show in Beijing not long ago, was impressed that China's automobile automotive products do not lose their quality with products from Europe, Japan and South Korea. This time the auto show are like cars competed Europe and Asia led by Japan and South Korea, But this time China started to poke forward, said Geely Motor Indonesia president director, Budi Pramono.


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