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The Revival of Private Enterprise in China

The Revival of Private Enterprise in China
Author: Shunfeng Song
Publisher: Routledge
Total Pages: 341
Release: 2016-02-24
Genre: Business & Economics
ISBN: 1317017854

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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
Author: Ross Garnaut
Publisher: Routledge
Total Pages: 278
Release: 2004-08-02
Genre: Political Science
ISBN: 1134392117

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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
Author: Ross Garnaut
Publisher: ANU E Press
Total Pages: 176
Release: 2012-12-01
Genre: Political Science
ISBN: 1922144487

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"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
Author: Andrew Atherton
Publisher: Routledge
Total Pages: 339
Release: 2017-09-01
Genre: Business & Economics
ISBN: 1317231058

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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.


The Ecology Of Chinese Private Enterprises

The Ecology Of Chinese Private Enterprises
Author: Xingyuan Feng
Publisher: World Scientific
Total Pages: 454
Release: 2015-03-26
Genre: Business & Economics
ISBN: 9814596914

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This book focuses on the study of the environment for the survival and development of Chinese private enterprises. It analyzes the historical development and current overall development of private enterprises in China, their number, size structure, contribution to GDP, employment and tax revenue, and size of investment. It summarizes the laws and regulations relating to the development of private enterprises. It assesses their survival environment in comparison with SOEs' and from the perspective of entrepreneurs. The book also addresses the problems with the protection of property rights of private enterprises, their market entry, their capital mobility and their own management. It concludes with the analysis of the main factors hindering the development of private enterprises in China and some policy recommendations for improving the environment for their survival and development.


China's Emerging Private Enterprises

China's Emerging Private Enterprises
Author: Neil F. Gregory
Publisher: World Bank Publications
Total Pages: 94
Release: 2000-01-01
Genre: Business & Economics
ISBN: 9780821348499

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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.


The State Strikes Back

The State Strikes Back
Author: Nicholas R. Lardy
Publisher: Peterson Institute for International Economics
Total Pages: 258
Release: 2019-01-01
Genre: Business & Economics
ISBN: 0881327387

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China's extraordinarily rapid economic growth since 1978, driven by market-oriented reforms, has set world records and continued unabated, despite predictions of an inevitable slowdown. In The State Strikes Back: The End of Economic Reform in China?, renowned China scholar Nicholas R. Lardy argues that China's future growth prospects could be equally bright but are shadowed by the specter of resurgent state dominance, which has begun to diminish the vital role of the market and private firms in China's economy. Lardy's book arrives in timely fashion as a sequel to his pathbreaking Markets over Mao: The Rise of Private Business in China, published by PIIE in 2014. This book mobilizes new data to trace how President Xi Jinping has consistently championed state-owned or controlled enterprises, encouraging local political leaders and financial institutions to prop up ailing, underperforming companies that are a drag on China's potential. As with his previous book, Lardy's perspective departs from conventional wisdom, especially in its contention that China could achieve a high growth rate for the next two decades—if it reverses course and returns to the path of market-oriented reforms.


The Road Leading to the Market

The Road Leading to the Market
Author: Zhang Weiying
Publisher: Routledge
Total Pages: 178
Release: 2016-08-05
Genre: Business & Economics
ISBN: 1317538897

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Since the reform and opening up period, the world has witnessed a transformation within China. This transformation has led millions out of poverty within China and has in recent years seen China as an important and vital engine of economic growth for the rest of the world. While China has made great strides in embarking on the road to a market economy, this book emphasizes that transformation within China to market-driven development is far from over. In this book, Zhang puts forward the idea that the reform in China has now reached a crossroads. The next steps have a bearing not only on the sustainability of past reform but even on whether China will become a veritable world power in the future. With the reform at this pivotal juncture, this book explores further reform within China and examines how the reform debate will develop. The Road Leading to the Market is a highly readable collection of essays which will appeal to researchers and students of China’s economy and a globalized economy.


Private Sector Development and Urbanization in China

Private Sector Development and Urbanization in China
Author: Zhikai Wang
Publisher: Springer
Total Pages: 357
Release: 2015-09-30
Genre: Business & Economics
ISBN: 1137473274

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Given the reality of China's economic development and urbanization, this book studies the development of the private sector and the process of regional urbanization in the Yangtze River Delta region to provide a path for new urbanization throughout China.