V. V. KARLUSOV Doctor of Economics MGIMO (U) of the Russian Foreign Ministry Far East Institute of the Russian Academy of Sciences A. P. KUDIN President of MZB ADVIZER, Member of the Board of Directors of ESM GROUP China Keywords:, power and business, retrospective analysis of relations In the 1980s and 2000s, under the influence of both internal and external factors, and in line with the radicalization of market reforms, the state in China gradually moved from a policy of forced admission of private entrepreneurship and its social discrimination to a policy of balanced promotion and support of business in order to accelerate the growth of the country's total economic power in the context of globalization. World practice on the examples of different countries and epochs has convincingly proved that the key factor in the formation and development of national market economies and corresponding social systems - the so - called market system genesis 1-is constructive interaction between the state and private entrepreneurship. Is modern China, with its transition economy, a nationally specific illustration of this rule, or, on the contrary, a peculiar exception to it? This question is far from idle, because according to the current political guidelines, the country continues to build "socialism with the specifics of China", and the very concept of privatization, as before, actually remains outside the official political lexicon. In addition, during the current global financial and economic crisis, the world community was very insistent on the alleged return of Chinese politicians to the concept of unconditional priority of the public sector, on the renaissance in China of the corresponding diverse discrimination of private owners, and on the fact that under the pretext of fighting the crisis, "China crushed private business"2. In this context, we will briefly review the evolution of China's policy towards private entrepreneurship in the medium-term historical retrospect, ... Read more