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CHINA’S FUTURE STEPS TO A BETTER ECONOMY For centuries China has stood as a leading civilization, outshining the rest of the world in the arts and sciences. However, its communist system and command economy has given a great disadvantage to China because of the lack of economic growth. Since 1978, Chinese leadership has been trying to move the economy from the sluggish Soviet-style centrally planned economy to a more productive and flexible economy with market elements, while containing some of its communist ways. In a communist country, the people are meant to run the country by making decisions and setting an example. However, a communist country usually ends up as a strong government police state. In addition, a communist country in most cases contains a command economy because of the strong government involvement. This command economy, which China falls under, means that there is state ownership of the factors of production and that it is a centrally planned economy. In a country where there is state ownership of assets, private individuals do not own any resources because majority is owned by the government. Also, the central-planning authority gives decisions on what is to be produced, how it is to be produ