Thirty Years of Turbulence - Chinese Enterprises

作者：admin  点击次数：4  发布时间：2025-09-14

If the opening up of special zones in the south is struggling, then the nationwide reform of state-owned enterprises is even more lackluster. Originally, it was thought that the "contracting system" that worked well in rural reform could be applied to enterprise reform. However, the complexity of the latter was much greater than that of the rural economy dominated by individual production. Chinese enterprise reform began to fall into the cycle of "unity leads to death, death leads to calling, release leads to chaos, and chaos leads to unification" summarized by the economist Gao Shengquan. In January 1982, the Central Committee of the Communist Party of China made a decision on the comprehensive rectification of state-owned industrial enterprises, proposing to rectify all state-owned industrial enterprises within two to three years. There are five aspects to the content: rectifying and improving the economic responsibility system; Rectify and strengthen labor discipline; Rectify financial discipline; Rectify labor organizations; Rectify and build the leadership team. A total of 9150 enterprises were included in the first batch of rectification, including 1834 large and medium-sized backbone enterprises. In the year-end report, the National Bureau of Statistics acknowledged that the poor economic performance in the production, construction and circulation fields in this year has not improved significantly, fixed assets investment has increased too much, the battle line is too long, and there is a phenomenon that unplanned projects crowd planned projects. Among the 80 large and medium-sized projects planned to be completed and put into operation by the state, 33 have not been completed, and among the 80 individual projects planned to be completed and put into operation, 24 have not been completed. The only highlight among them is that Baosteel in the suburbs of Shanghai finally "emitted the first faint wisp of green smoke" amidst numerous debates.