As the incremental component of the new dual track system, the project system aims to use special transfer payments from state finances and other strategies to break the shackles of the existing bureaucratic order, as...As the incremental component of the new dual track system, the project system aims to use special transfer payments from state finances and other strategies to break the shackles of the existing bureaucratic order, as represented by the work unit system. This approach seeks to curb the polarization arising from marketization and increase investment in people＇s livelihood and public services. The new project-centered system of governance has encouraged the formation of hierarchical central-local governance mechanisms, leading to a number of unforeseen outcomes for grassroots society. Collective debt at the grassroots level, departmental interests and the systemic risk brought about by the project system will have important implications for the sustainable development of society.展开更多
文摘As the incremental component of the new dual track system, the project system aims to use special transfer payments from state finances and other strategies to break the shackles of the existing bureaucratic order, as represented by the work unit system. This approach seeks to curb the polarization arising from marketization and increase investment in people＇s livelihood and public services. The new project-centered system of governance has encouraged the formation of hierarchical central-local governance mechanisms, leading to a number of unforeseen outcomes for grassroots society. Collective debt at the grassroots level, departmental interests and the systemic risk brought about by the project system will have important implications for the sustainable development of society.
