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Large Chinese State Owned Enterprises


Large Chinese State Owned Enterprises
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Globalization Innovation And Catch Up In China


Globalization Innovation And Catch Up In China
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Author : X. Liu
language : en
Publisher: Edward Elgar Publishing
Release Date : 2021-02-28

Globalization Innovation And Catch Up In China written by X. Liu and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-02-28 with categories.


This original book is a unique and original in-depth study on how, in the past decade, Chinese State-Owned Enterprises (SOEs) have achieved technological innovation in the large infrastructure sectors. It reveals a 'new world' of Chinese innovation, showing that SOEs are willing to innovate and are also more than capable of doing so. Based on findings from first-hand data and years of observations, this book shows how the innovation ecosystem perspective incentivises and facilitates Chinese SOEs' innovation and highlights the entrepreneurial role of the government. Using the examples of UHV Power Transmission, mobile telecommunication standards, high-speed trains, and nuclear electric power, the book exhibits the complex determinants of SOEs' success in radical technological innovations within the large infrastructure sector. Chapters also demonstrate the innovation process of SOEs, the unique innovation model of China, as well as its advantages and disadvantages. Catch-Up and Radical Innovation in Chinese State-Owned Enterprises will be a useful resource for academics in research disciplines such as development studies, innovation and entrepreneurship, and Chinese studies. It will also aid entrepreneurs, businesses and managers who intend to collaborate with Chinese SOEs, to better understand the trends of SOEs' engagement in radical innovation and the potential opportunities for broadening their international collaborations.



China S State Owned Enterprises


China S State Owned Enterprises
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Author : Hong Sheng
language : en
Publisher: World Scientific
Release Date : 2013

China S State Owned Enterprises written by Hong Sheng and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Business & Economics categories.


The Nature, the Performance, and the Reform of State-owned Enterprises provides a detailed description of state-owned enterprises (SOEs) in China with respect to both efficiency and income distribution. It shows that state ownership in the form of SOEs does not use resources efficiently and has a poor record in income distribution. Moreover, SOEs are found to enjoy unfair advantages in their competition with other firms. To illustrate the point, the book presents data revealing how favored policies, monopolistic powers, and subsidies benefit SOEs. These advantages are worth several trillion yuans a year. It is a sad irony that such wealth of the people is used to beef up the revenues of the SOEs, making their accounts look much better than they should be.This book, with its rich empirical data and information, is an authoritative reference for researchers interested in SOEs. It is also a good read for students of social sciences and the public to learn more about SOEs.



Chinese State Owned Enterprises And U S China Bilateral Investment


Chinese State Owned Enterprises And U S China Bilateral Investment
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Author : U. S. -China Economic and Security Review Commission
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2011-03-30

Chinese State Owned Enterprises And U S China Bilateral Investment written by U. S. -China Economic and Security Review Commission and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-03-30 with categories.


Today's hearing will examine three aspects of China's economic policy. The first is China's state-owned or state-controlled companies and industries, which together constitute an estimated 30 to 40 percent of China's economy. These companies, generally the largest ones in China, are operated and managed by the central government of the People's Republic. They are an instrument of state power as well as the centerpiece of China's industrial policy. They receive massive government subsidies and are protected from competition from foreign companies. But, we also need to understand what other Chinese entities are doing - not a simple task. Beyond the state-owned or state-invested enterprises, there are companies that act under the direction of the state or with delegated authority. We need to understand the implications of their efforts. Two separate panels will examine U.S. direct investment in China and Chinese direct investment in the United States. Both forms of investment have been increasing, especially U.S. investment in China. As you will hear, more than half of the imports to the United States are from foreign invested enterprises in China.



Resource Misallocation Among Listed Firms In China The Evolving Role Of State Owned Enterprises


Resource Misallocation Among Listed Firms In China The Evolving Role Of State Owned Enterprises
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Author : Ms. Emilia M Jurzyk
language : en
Publisher: International Monetary Fund
Release Date : 2021-03-12

Resource Misallocation Among Listed Firms In China The Evolving Role Of State Owned Enterprises written by Ms. Emilia M Jurzyk and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-12 with Business & Economics categories.


We document that publicly listed Chinese state-owned enterprises (SOEs) are less productive and profitable than publicly listed firms in which the state has no ownership stake. In particular, Chinese listed SOEs are more capital intensive and have a lower average product of capital than non-SOEs. These productivity differences increased between 2002 and 2009, and remain sizeable in 2019. Using a heterogeneous firm model of resource misallocation, we find that there are large potential productivity gains from reforms which could equalize the marginal products of listed SOEs and listed non-SOEs.



An Analysis Of State Owned Enterprises And State Capitalism In China


An Analysis Of State Owned Enterprises And State Capitalism In China
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Author : Andrew Szamosszegi
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2011-10-26

An Analysis Of State Owned Enterprises And State Capitalism In China written by Andrew Szamosszegi and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10-26 with Capitalism categories.


China's breathtaking economic growth, has often led observers to assume that the country's economic system has been transformed into a capitalist economy dominated by private enterprise. Although China's reliance on private enterprise and market-based incentives has been growing, and the CCP's treatment of private enterprises and entrepreneurs has been changing, it would be a mistake to minimize the current role of the State and the CCP in shaping economic outcomes in China and beyond. The Chinese government and state-owned enterprises (SOEs) remain potent economic forces. Indeed, some of China's SOEs are among the largest firms in China and the world. They are major investors in foreign countries. They have been involved in some of the largest initial public offerings in recent years and remain the controlling owners of many major firms listed on Chinese and foreign stock exchanges.



State Owned Enterprise Reform In China


State Owned Enterprise Reform In China
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Author : Justin Yifu Lin
language : en
Publisher: Chinese University Press
Release Date : 2001

State Owned Enterprise Reform In China written by Justin Yifu Lin and has been published by Chinese University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.


This work is a continuation of the authors' earlier publication, "The China Miracle: Development Strategy and Economic Reform". The authors review the historical evolution of the state-owned enterprises, analyze the current problems, and suggest the direction for future reforms.



Large Chinese State Owned Enterprises


Large Chinese State Owned Enterprises
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Author : Y. Zhang
language : en
Publisher: Springer
Release Date : 2007-12-04

Large Chinese State Owned Enterprises written by Y. Zhang and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-12-04 with Business & Economics categories.


Based upon empirical research this book explores the process of China's corporatization reform and investigates whether the reform has altered the process of strategy formulation and implementation of large Chinese SOEs. What processes of ownership restructuring are taking place in the large SOEs and what impact do these changes have?



Chinese State Owned Enterprises In West Africa


Chinese State Owned Enterprises In West Africa
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Author : Katy Ngan Ting Lam
language : en
Publisher: Taylor & Francis
Release Date : 2016-12-08

Chinese State Owned Enterprises In West Africa written by Katy Ngan Ting Lam and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-12-08 with Social Science categories.


This book investigates the globalization process of Chinese state-owned enterprises (SOEs) in West Africa, primarily in Benin and Ghana, based on ethnographical studies. It challenges the dominant vision of "a powerful China in Africa", and argues that the so-called "Chinese business advantages" – monolithic Chinese state and Chinese low cost advantages, are non-viable for sustaining Chinese business development in the continent. Considering the Chinese SOEs globalization process in a relational approach, this book examines how the triple embeddedness (Chinese, African and managerial) shapes the Chinese SOEs globalization process over time and space, in diverse dimensions and among different entities – the Chinese state, Chinese SOEs, Chinese expatriates, the African government, African business partners, African staff, and the African society. It illustrates that the Chinese central state has "retreated" deliberately from its SOE globalization in Africa. The Chinese SOEs and Chinese expats are the major actors in initiating and inventing globalization strategies, facing limited Chinese state support and the African neopatrimonial governance and social contexts. Besides, the personal trajectories (from expatriation to social promotion) of Chinese SOE expats interweave with the globalization-turn-localization of their SOEs in Africa. Rejecting the linear, static and binary vision of "powerful China in powerless Africa", the present study thus emphasizes power dynamics in Chinese SOEs’ globalization process are organic and pluralistic though in certain extent hierarchical –"second-class". Time and local relations are key elements constituting the real Chinese advantages for Chinese SOEs vis-a-vis their ultimate competitors – not Western companies, but other Chinese companies.



Under New Ownership


Under New Ownership
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Author : Shahid Yusuf
language : en
Publisher: World Bank Publications
Release Date : 2006

Under New Ownership written by Shahid Yusuf and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Business & Economics categories.


Although China's centrally planned economy is a little more than a shadow of its former self, the closely inter-linked reforms of the enterprise and banking sectors are still incomplete. The relative size of the state-owned enterprise sector has been much reduced, however, the sector remains the dominant borrower from the banking system and is responsible for the majority of bank non-performing assets. Thus in the interests of financial stability it is crucial to implement the remaining reform agenda. The accession to the WTO has also made it more urgent for China's most-dynamic state-owned en.



China S State Enterprises


China S State Enterprises
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Author : Ran Li
language : en
Publisher: Springer
Release Date : 2018-06-27

China S State Enterprises written by Ran Li and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-06-27 with Political Science categories.


This book focuses on the nature and significance of China’s state enterprises which have undergone substantial changes since China’s economic liberalization in 1978. It argues that much of the criticism is based on mistaken premises, where even the term ‘state-owned enterprises’ is a misnomer given that the emphasis is much less on ownership than on control. Using numerous case studies, this book highlights the extent to which these enterprises have evolved in response to reforms, and provides an in-depth analysis of their role in China’s outward investment strategy in the “Belt and Road” initiative. This role speaks to their growing influence as China expands her global footprint.