Introduction
This paper will compare the social and ecological economy in Germany with the Chinese version of a market economy reflected in the laws and regulations governing the Chinese socio-economic system and on the relevant ongoing debates. It analyzes the differences in social values between Germany and China, assess the significance of the model for Chinese reforms, and, last but not least, makes some policy recommendations for the reforms. Thus, the author will analyze how Chinese social values are imbedded in the constitution, the changing role of the state in socio-economic planning, and reforms in the regulatory framework and state institutions in China in the context of globalization.

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