China's Third Economic Transformation

China's Third Economic Transformation

Hardback Routledgecurzon Studies in the Growth Economies of Asia

Edited by Ross Garnaut, Edited by Ligang Song

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  • Publisher: RoutledgeCurzon
  • Format: Hardback | 264 pages
  • Dimensions: 158mm x 234mm x 20mm | 522g
  • Publication date: 1 January 2004
  • Publication City/Country: London
  • ISBN 10: 0415309441
  • ISBN 13: 9780415309448
  • Edition statement: New.

Product description

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.

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Table of contents

List of figures List of tables List of contributors Preface Abbreviations; Part I: Private Enterprise Development: Overview; 1. Private Enterprise in China: Development, Constraints and Policy Implications - Ross Garnaut and Ligang Song; 2. The Contribution of the Non-State Sector to China's Economic Growth - Xiaolu Wang; Part II: Paths Towards Emerging Private Enterprise; 3. Emerging Private Enterprise in China: Transitional Paths and Implications - Ligang Song; 4. Private Enterprise Development in rural China - Yiping Huang, Fang Cai and Tina Chen; 5. Privatisation and Economic Performance in China - Xiaowen Tian; 6. SOE Reform and Private Sector Development in China - Yongzheng Yang; 7. Privatising the small SOEs Yang Yao; 8. The Impact of Foreign Direct Investment on China's Economy - Chunlai Chen and Christopher Findlay; Part III: Market Reform and the Business Environment; 9. Financing the Private Sector On Kit Tam; 10. Financing Small and Micro-Enterprises in Rural Areas - Enjiang Cheng; 11. Private Sector Development and the Labour Market Reform - Xin Meng; 12. Private Enterprises and the Law - Jian Fu; 13. Contract Disputes and Court Verdicts involving Chinese Private Enterprises - Rongshu Ke and Weiying Zhang; Part IV: Governance and Innovation; 14. Governance and Management - John Child and Hubertus Pleister; 15. State-business Interaction in the IT Sector - Bennis Wai-Yip So Conclusion; 16. Correcting Constraints to Private Enterprise Development: Lessons from a Private Sector Survey - Ross Garnaut and Ligang Song; Index