Private Enterprises And China S Economic Development


Private Enterprises And China S Economic Development
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Private Enterprises And China S Economic Development


Private Enterprises And China S Economic Development
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Author : Shuanglin Lin
language : en
Publisher: Routledge
Release Date : 2007-06-11

Private Enterprises And China S Economic Development written by Shuanglin Lin and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-06-11 with Business & Economics categories.


Private enterprises have contributed significantly to China's recent economic growth and will play a key role in achieving China's goal of building a comprehensively well-society. But how can private enterprises help China mitigate its macroeconomic problems such as unemployment, income inequality, financial disintermediation, and an unhealthy economic cycle? And what are the main obstacles to private enterprise development? Private Enterprises and China’s Economic Development answers these questions by identifying the range of cultural, political and financial challenges confronting China's private enterprises, and assessing their performance and potential. Contributors also analyse the experiences and lessons of other countries, and propose strategies and policies to help China promote private enterprise development. Using the most up to date research on private enterprises, including detailed econometric analysis and national representative data, authors including economists, policy-makers and academics from the USA, China, Singapore and Canada comprehensively address the most important aspects of China’s private enterprise development. As such this book will appeal to students, scholars and policy-makers alike with an interested in the Chinese economy, economic growth, comparative economics and transitional economics.



The Revival Of Private Enterprise In China


The Revival Of Private Enterprise In China
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Author : Shunfeng Song
language : en
Publisher: Routledge
Release Date : 2016-02-24

The Revival Of Private Enterprise In China written by Shunfeng Song and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-02-24 with Business & Economics categories.


The re-emergence of private enterprises is one of the most important factors in China's recent economic development. They will play a key role in maintaining China's high growth rate and honouring its commitments to the WTO. Despite this they face obstacles to growth, including borrowing restrictions, high taxes, ineffective legal protection and lack of technical and information support. The authors in this book discuss these obstacles and propose measures for improving private enterprise development. They consider how private enterprises can help China mitigate its macroeconomic problems, such as unemployment, income inequality, financial disintermediation and cyclical boom and bust. Finally they examine the lessons to be learnt from other countries in promoting privatization.



China S Third Economic Transformation


China S Third Economic Transformation
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Author : Ross Garnaut
language : en
Publisher: Routledge
Release Date : 2004-08-02

China S Third Economic Transformation written by Ross Garnaut and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-08-02 with Political Science categories.


The Chinese economy is currently undergoing an institutional transformation as profound as the replacement of the people's communes with the household responsibility system in the early 1980s and the emergence of township and village enterprises as the main locus of economic dynamism in the second half of the 1980s. This third dramatic transformation is the emergence of the private sector as the main source of the country's economic growth. This book discusses the key issues in private sector development in China and includes: An overview of the development of private enterprises in China Analysis of the development and emerging paths toward private enterprise Examination of the business environment in which private enterprises operate How the legal environment has changed through economic reform Managerial capabilities and state-business interactions Suggestions of policy recommendations Perhaps controversially, the contributors suggest that private sector development is necessary to maintain the dynamism of the Chinese economy and create greater employment opportunities. China's Third Economic Transformation will appeal to scholars of Asian Economics and business who are interested in the rapid growth of the private sector in China.



Private Enterprise In China


Private Enterprise In China
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Author : Ross Garnaut
language : en
Publisher: ANU E Press
Release Date : 2012-12-01

Private Enterprise In China written by Ross Garnaut and has been published by ANU E Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-01 with Political Science categories.


"The book discusses the following matters relating to the development of private enterprise in China: market competition; finance; taxation; internal governance; labour and management skills; technological challenges; laws and government administrative regulations."--Introduction.



Entrepreneurship In China


Entrepreneurship In China
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Author : Andrew Atherton
language : en
Publisher: Routledge
Release Date : 2017-09-01

Entrepreneurship In China written by Andrew Atherton and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-01 with Business & Economics categories.


The Chinese economy has grown faster for a longer period than any other economy in the world. It is now the second, and will soon become the largest, global economy. This is an astonishing transformation of a country that in the late 1970s was one of the poorest in Asia. Central to this economic miracle has been the emergence of a private sector of entrepreneurs who have started and grown businesses of all sizes and types. This book explores these wealth creators and builders of China’s new economy, and offers guidance on the best ways to work with China’s entrepreneurs and their growing businesses. Entrepreneurship in China looks at the dynamic and changing nature of entrepreneurship, and the need for entrepreneurs to refine, adapt and evolve their approaches within an uncertain, fast-changing and volatile environment. This book examines the distinctive and particular context of China for entrepreneurs, and offers insights into how entrepreneurship has emerged as the driver of China’s economy. This book will benefit business people, policy makers and researchers seeking to understand Chinese entrepreneurship and offers guidance to practitioners interested in working with private Chinese businesses.



Markets Over Mao


Markets Over Mao
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Author : Nicholas R Lardy
language : en
Publisher: Columbia University Press
Release Date : 2014-09-10

Markets Over Mao written by Nicholas R Lardy and has been published by Columbia University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-09-10 with Political Science categories.


China's transition to a market economy has propelled its remarkable economic growth since the late 1970s. In this book, Nicholas R. Lardy, one of the world's foremost experts on the Chinese economy, traces the increasing role of market forces and refutes the widely advanced argument that Chinese economic progress rests on the government's control of the economy's "commanding heights." In another challenge to conventional wisdom, Lardy finds little evidence that the decade of the leadership of former President Hu Jintao and Premier Wen Jiabao (2003–13) dramatically increased the role and importance of state-owned firms, as many people argue. This book offers powerfully persuasive evidence that the major sources of China's growth in the future will be similarly market rather than state-driven, with private firms providing the major source of economic growth, the sole source of job creation, and the major contributor to China's still growing role as a global trader. Lardy does, however, call on China to deregulate and increase competition in those portions of the economy where state firms remain protected, especially in energy and finance.



China S Emerging Private Enterprises


China S Emerging Private Enterprises
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Author : Neil F. Gregory
language : en
Publisher: World Bank Publications
Release Date : 2000-01-01

China S Emerging Private Enterprises written by Neil F. Gregory 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 2000-01-01 with Business & Economics categories.


This report aims to take stock of the domestic private sector in China which has emerged over the past twenty years. It is based on surveys and interviews carried out in four locations in China where private sector development is relatively advanced. These studies were supplemented by discussions with entrepreneurs, industry associations, and government officials. The report focuses on three main themes: the structure of private enterprises, the enabling environment for their development and, access to financing. For each of these areas, the report presents an analysis of constraints on private sector development and outlines an agenda for addressing these constraints. The report recommends that, in order to encourage continuing private sector growth, the government should create a level playing field for all enterprises by intervening less and focusing on improved commercial legislation and more open markets. Financial institutions must develop to serve the private sector, and private enterprises need to mature and improve their corporate governance, in order to derive the most benefit from improvements in the business environment.



China S Rational Entrepreneurs


China S Rational Entrepreneurs
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Author : Barbara Krug
language : en
Publisher: Routledge
Release Date : 2004-07-31

China S Rational Entrepreneurs written by Barbara Krug and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-07-31 with Business & Economics categories.


The ability of China's entrepreneurs to establish firms in the midst of a strangling bureaucratic system is a topic which demands attention not least because it forms the basis of China's economic development. Combining theoretical approaches with extensive fieldwork, China's Rational Entrepreneurs presents a fresh angle of analysis for understanding the behaviour of Chinese entrepreneurs and what kind of relations they have with local government in order to secure long-term business success.



How State Owned Enterprises Drag On Economic Growth


How State Owned Enterprises Drag On Economic Growth
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Author : Ruiming Liu
language : en
Publisher: Springer
Release Date : 2019-04-24

How State Owned Enterprises Drag On Economic Growth written by Ruiming Liu and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-04-24 with Business & Economics categories.


Using a series of studies, this book shows that ownership structure plays a major role in the national economy as a whole. Inefficient State Owned Enterprises (SOE's) damage the development of private enterprises and overall economic growth in various ways. The policy implications are very clear: in order to achieve healthy and fast economic development, there must be a radical reform of SOEs. Moreover, the aim of the SOE reform is not just to highlight the enterprises’ efficiency, but also create favorable conditions for financial deregulation, elimination of market segmentation, weakened market monopoly, and balanced regional economic development. The book argues that SOE reform is pivotal to stimulating general economic reform and development in order for China to achieve a smooth transition to a mature market economy.



The Governance Structures Of Chinese Firms


The Governance Structures Of Chinese Firms
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Author : Chun Liao
language : en
Publisher: Springer Science & Business Media
Release Date : 2009-08-02

The Governance Structures Of Chinese Firms written by Chun Liao and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-08-02 with Political Science categories.


China’s extraordinary economic growth is inspiring research from a wide spectrum of fields to explain the phenomenon: What are the primary drivers of China’s economic growth? Can it be sustained? Can the Chinese business model be emulated by other countries? What long-term effects will China’s economic growth have on the global economy? In this volume, Chun Liao explores these issues in the context of firms’ governance structures, arguing that China’s dual business system of state-owned enterprises and private enterprises is uniquely suited to the challenges of economic development in the twenty-first century. On the one hand, China’s state-owned enterprises are characterized by state coordination, bank financing, insulation from the stock market fluctuations, and incremental productivity-enhancing innovations, which are similar to the firms in the business systems of coordinated market economies (like Germany and Japan). On the other hand, China’s private enterprises are characterized by private (often family) ownership, hard budget constraints, profit maximization, and more risky radical innovation, which are similar to the firms in the business systems of liberal market economies (like the US and the UK). Based on the state controlling shareholding in the state sector, the boundary between the state sector business system and private sector business system is clear. This dual type system is contrasted with those in liberal market economies and those in coordinated market economies, where only one type system dominates. Drawing from empirical data and industry analysis over the past 15 years, Liao provides unparalleled access to the dynamics of the Chinese economy, including ownership structure, management design, labor-management relations, business infrastructure, capitalization (including role of banks and financial institutions, private investment, and FDI) in both the public and private sectors. In the process, she analyzes both opportunities and challenges that result from China’s dual business system, particularly in regard to innovation, core competitiveness, and sustainable growth in both state strategic technology-based industries and private high technology industries . The result is an approach that sheds new light on China’s economic performance and its rise as a player on the international stage.