China's understanding of the market is mainly based on mechanical reference to western economic theory, but it ignores their assumptions and implicit assumptions. China's so-called mainstream economists' understanding of the market is more of a new classic. In other words, the market is an efficient allocation of social resources pricing mechanism. Although China has introduced new institutional economics, it has not read the meaning of "property rights", and mechanically believes that property rights are based on "stock of property" As simple as it seems, naming an organization is really complicated. The general rule for naming a Limited Liability Company is explicitly implied in its Limited Liability Company Act, proclaiming that the name has to be "distinguishable" from all of other business names of their database. For an LLC name being distinguishable from those involved with file, the Act states that it must incorporate a number of different letters, and/or words also it is required to follow a different sequence of letters, and/or words. To start, the corporation founder uses their personal savings to create the business enterprise. Also, credit cards may be utilized. Once the business generates revenue, the revenue may be used to continue business growth. This allows the corporation to develop at a rate which makes outside funding unnecessary. $10,000 is reported to be the median for start-up capital. (Investopedia)