In accordance with Dr. Sun's principles and the experience of the Chinese revolution, China's national economy at the present stage should be composed of the state sector, the private sector and the co-operative sector. But the state here must certainly not be one "privately owned by the few", but a new-democratic state "shared by all the common people" under the leadership of the proletariat. (Mao Zedong)

In accordance with Dr. Sun's principles and the experience of the Chinese revolution, China's national economy at the present stage should be composed of the state sector, the private sector and the co-operative sector. But the state here must certainly not be one "privately owned by the few", but a new-democratic state "shared by all the common people" under the leadership of the proletariat.

Mao Zedong

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accordance chinese common economy experience few leadership national people present private proletariat revolution sector should stage state under co-operative

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