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Web of Proceedings - Francis Academic Press

Present Situation of China's Business Administration under the New Economic Situation

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DOI: 10.25236/icebfm.2019.010

Author(s)

Ying Wang, Xiong Qi

Corresponding Author

Ying Wang

Abstract

With the deepening of economic system reform, China's market economy is gradually on the right track, and the overall economic situation is improving. At the same time, China's economic development environment has also undergone certain changes. As a key component of market economy management, business management is also facing new opportunities and challenges. The tangible market and virtual intangible market all over the world are fluctuating in economic activities, and market supervision and management are facing many new challenges. As one of the government's functional departments, the business administration department must put forward constructive opinions and carry out internal reforms to adapt to the needs of today's business administration. This paper starts from the perspective of China's economic development environment, focusing on the current situation of business administration in the context of China's economic development. In view of the problems faced in the current business management, the development direction of the future business management work is pointed out.

Keywords

Economic System, Business Administration, Market Economy