Thirty Years of Turbulence - Chinese Enterprises

作者：admin  点击次数：9  发布时间：2025-05-30

The Economist reported at the end of the year that: "After 20 years of scarcity, Beijing's various indexes began to grow wildly. In 1979, China produced 334 million linen bags, 850 million incandescent bulbs, 186000 motorcycles, and 1.3 million TV sets, an increase of 157% over 1978. According to the National Bureau of Statistics, China's inflation rate reached 5.8%, so the Chinese government admitted that some people's real income actually declined, but the average income of workers and cadres of state-owned enterprises increased by 7.6%." A European named H Johnson returned to Shanghai, where he spent his childhood 35 years ago in the largest colonial city in the Far East. His father is a Danish chemical engineer and his mother is a Russian. Now he sees Shanghai as a city with colonial traces everywhere. "In Shanghai, where Mao Zedong launched the 'Cultural Revolution', there is no portrait of Mao Zedong, and no one mentions politics. They are more interested in whether everyone has cars in commodities, imports, and Americans."

An era of materialization has arrived.