The Chinese expression “经济体制” can be translated into the English “Economic system” and other terms. A translation guide for various contexts is provided below.
Contexts
Social Sciences
Translation Equivalents
- Economic system
Evidence for Translation Approach
According to a China university economics textbook :
“经济体制是指在一定区域内(通常为一个国家)制定并执行经济决策的各种机制的总和。通常是一国国民经济的管理制度及运行方式。”
According to Corporate Finance Institute’s editorial board:
“An economic system is a means by which societies or governments organize and distribute available resources, services, and goods across a geographic region or country.”