Thirty Years of Turbulence - Chinese Enterprises

作者：admin  点击次数：84  发布时间：2025-08-14

In terms of developing the private economy, Xiang Nan was also much more open-minded than his contemporaries. He was one of the few officials who saw the broad prospects of township enterprises in 1981. He said, "How can the 25 million people in Fujian get rich quickly? Agriculture and industry cannot take immediate effect, so where is the way out? The way out lies in developing community enterprises and promoting diversified operations. Community enterprises are where we hope to be." When various brake sounds were heard, Xiang Nan publicly stated on various occasions, "Are community enterprises superior or inferior? I say superior, we must resolutely and bravely go up, and overcome all obstacles to move forward!" and "We must regard township enterprises as more dear than our own sons

It was under the tenacious persistence of Xiang Nan, Ren Zhongyi, and others that the special economic zones and the South China economy were not fatally impacted in this macroeconomic regulation, ultimately making these provinces one of the most active areas for private economy in the future.



In 1981, there were hardly any reports of new construction projects. Even the major projects that started two years ago faced unprecedented questioning at this time. The New York Times published a report entitled "Does Shanghai really need steel.