China's Privatization Reforms: Progress and Challenges
AbstractThis article discusses the general characteristics and issues of the privatization programs in China, including constitutional changes, privatization with mergers and acquisitions, ownership structure in China, real estate reforms, and finance (stock market and banking). The challenges of these reforms are analyzed throughout the article. Non-state-owned and foreign-funded enterprises have contributed over 60 percent of industrial production in the Chinese economy, while over 90 percent of Chinese workers are now employed by nonstate enterprises, suggesting that China is indeed a market-oriented economy. Interestingly, we find that non-state-owned enterprises contributed more 70 percent of total taxes to the Chinese government.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by M.E. Sharpe, Inc. in its journal Chinese Economy.
Volume (Year): 39 (2006)
Issue (Month): 2 (April)
Contact details of provider:
Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=110901
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Chen, Shiyi & Jefferson, Gary H. & Zhang, Jun, 2011. "Structural change, productivity growth and industrial transformation in China," China Economic Review, Elsevier, vol. 22(1), pages 133-150, March.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Nguyen).
If references are entirely missing, you can add them using this form.