Abstract Since the 3rd plenary of the 11th Party Congress China has undergone a
process of gradual
reform in economy, politics and culture with the
characteristics of developing
market system on the basis of industrialization and socialist legal
structure. During this process, it is imperative that we seek balance between dichotomies such as spontaneous action and conscious efforts, the part and the whole, reform and development, inside and outside the system, public ownership and marketing mechanics, conventional and modern and so on. Only in this way can we achieve a successful transition from planned economy to market economy while maintaining steady progress. This special model of reform is the product of China's particular economic, political, historic and cultural structure, as well as China's unique approach to reform characteristic of the Chinese style. Nevertheless, this model bears some general implications, namely, emphasis of political and social stability, and utilization of resources in traditional organizations.