China's Wto Accession And The Impact On Its Large Manufacturing Enterprises
by Guy Shaojia Liu(Author)
Formats
Paperback/English
USD 16.50
Description
The greatest success of Chinese enterprise reform has been the creation of market competition. Competition has forced the state to retreat from non-strategic sectors and increased private ownership in the industry. This development has created ownership diversification in the Chinese industry, which is in line with the leadership's 2-R (?Retreat and Retain?) enterprise reform policy. The ownership diversification is a distinction of the reformed economy, called ?a socialist economy with Chinese