Legal basis: Article 14 of the Constitution of People's Republic of China (PRC) promotes advanced science and technology, improves economic management system and enterprise management system, implements various forms of socialist responsibility system, improves labor organization, continuously improves labor productivity and economic benefits, and develops social productivity.
The state practices strict economy and opposes waste.
The state rationally arranges accumulation and consumption, taking into account the interests of the state, the collective and the individual, and gradually improves people's material life and cultural life on the basis of developing production.
The state establishes and improves a social security system that is commensurate with the level of economic development.