Political System

The people's congress system is China's fundamental political system. The Standing Committee of National People's Congress is organ, which has the highest power in the PRC. It revises the Constitution and exercises legislative power, and elects the major state leaders, such as chairman of the state. The State Council, the Central People's Government, is the highest state administrative body. It is responsible to the National People's Congress and its Standing Committee and reports its work to them. Under the State Council there are 29 ministries, commissions, banks and bureaus. The Supreme People's court and local people's court judicial organ and the Supreme People's Procuratorates and local people's procuratorates are supervisory organ.

Economic System

China carries out socialist market economy; the government practices market management to economy; resource supply, the price of commodities and service are determined by market supply and demand; labor force can freely flow and enterprises run on their own without intervention of government administration.