Thirty Years of Turbulence - Chinese Enterprises

作者：admin  点击次数：11  发布时间：2025-05-15

What is the core proposition of state-owned enterprise reform? 30 years later, almost everyone who has studied economics will easily recite the resolute words written by Nobel laureate Coase in 1959: "Clearly defined property rights are the prerequisite for market transactions." Therefore, the core of state-owned enterprise reform is the reform of the property rights system. However, the reform of Chinese state-owned enterprises that began in 1978 did not realize this law until a long time later, or in other words, gradually shifted the main axis of the reform in this direction. For a considerable period of time, from decision-makers, academia, the business community to the general public, everyone believed that the low efficiency of state-owned enterprises could be solved through "internal transformation".

While the Zhou Guanwu in the north are fighting for corporate autonomy, in the south, another group of people are trying to create a new economic kingdom out of nothing. Under Deng Xiaoping's direct intervention, the "Special Economic Zone" that had been discussed at the top for a period of time quietly became a reality. A person named Yuan Geng walked up to the front desk.