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Economic Accounting in Yantai [Chefoo] District Highway Transport Company

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  • Fan Peihua

Abstract

The Yantai District Highway Transport Company was formerly the Jiaodong Transport Brigade established by merging the Automobile Brigade of Jiaodong Depot of the East China Military Region with the Transportation Section under the Jiaodong Bureau of Industry and Commerce. In 1949 it only had 700 staff and workers and had at its disposal less than a hundred motor vehicles captured from the enemy. Guided by Chairman Mao's revolutionary line, this transport company has made great progress over the last twenty-eight years. It now has 3,722 staff and workers and 729 motor-vehicles in operation. It carries out the task of transporting both passengers and freight on the trunk highways in the whole district, serving as its main force on the highway transport front. Since it launched the campaign to learn from Daqing in industry in 1964, it has overfulfilled the state plan ahead of schedule each year for fourteen years in a row.

Suggested Citation

  • Fan Peihua, 1979. "Economic Accounting in Yantai [Chefoo] District Highway Transport Company," Chinese Economy, Taylor & Francis Journals, vol. 12(4), pages 56-68, July.
    • Handle: RePEc:mes:chinec:v:12:y:1979:i:4:p:56-68
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