The country's economic management has changed from direct control, which centers on state mandatory planning, to indirect regulation which works mainly through economic and legal means.

国家对经济的管理，已经由指令性计划为主的直接控制，转变为主要运用经济和法律手段的间接调控。

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CRISIL, an impressive outfit, is furthest down this path with half its sales from abroad, mainly from helping banks with equity research and risk-management models, demand for which has soared thanks to more regulation in the rich world.

ECONOMIST: Credit-rating agencies