Business & IT (Jun 2018)

The function analysis on the establishment of market-assisted mechanisms-taking the chamber of commerce as an example

  • Xu Meng

DOI
https://doi.org/10.14311/bit.2018.01.03
Journal volume & issue
Vol. 8, no. 1
pp. 26 – 33

Abstract

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It is necessary to solve the subsistent problem of excessive transaction costs in China's economic restructuring reform and establishment of market economic system through establishing a market-assisted mechanism. And the chamber of commerce organizations can provide a sort of mechanism to reduce transaction costs. Several problems need to be considered when we bring the market-assisted mechanism into play, such as perfecting the legitimacy and self-discipline of the chamber of commerce, taking measures against the anti-dumping in the context of WTO, developing international economic and technological cooperation and exchanges, paying attention to structuring the exchange platform of industry-university-research, etc.

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