In the process of China's economic development, rent-seeking and corruption are more widespread in many economic areas. Rent-seeking theory as a theory which study human economic activities to explain the current rent-seeking activities and the spread of the problem of corruption has a very good theoretical and practical significance. First, this paper explained the two basic concept of rent-seeking and corruption. Under the guidance of the theory of rent-seeking, we discussed the relationship between corruption and rent-seeking. Second, the rent-seeking activities and corruption in China’s economic transition period are also analysis. Finally, some suggestions to governance illegal rent-seeking and corrupt issues are proposed.
KEY WORDS: Rent-Seeking Theory, Corruption, Public Power, Anti-corruption,
Suggestion