Thirty Years of Turbulence - Chinese Enterprises

作者：admin  点击次数：34  发布时间：2026-01-23

After the release of the appeal letter for "loosening restrictions", there was a strong response from major media outlets across the country

The "Relaxation News" is a landmark event in the history of state-owned enterprise reform, and March 24th, when the "Open Letter" was published, was once named "China Entrepreneur Activity Day". Afterwards, state-owned entrepreneurs will continue to fight for the full implementation of autonomy for more than ten years. In 2004, 20 years after the publication of the "Relaxation Open Letter", a journalist followed up with 55 companies that year and found that one-third of them went bankrupt, one-third were merged by private or foreign-funded companies, and one-third were in a difficult situation. One of the participants in the open letter, Chen Yizheng, the former director of Fuzhou Valve Factory, said to visitors, "I often ask myself, did I make good use of the power I wanted at that time

With the relaxation of macroeconomic regulation, the enthusiasm of foreign investment entering China has been ignited again. Matsushita Konosuke returned to China once again, and by this time he was already a legendary figure with a halo around his head. Throughout the 1980s, his management ideas were revered and revered. And loosening up China was not just to spread his ideas, but more to promote his newly eliminated TV production line equipment from Japanese factories. This year, Hisense in Qingdao, Changhong in Sichuan, and Konka in Guangdong successively introduced Panasonic's color TV production lines. By around 1985, China had introduced a total of 105 Japanese color TV production lines, making Japanese companies the first multinational enterprises to make money in China. Chinese companies that introduced production lines also quickly rose. In a country where consumption is waking up, the production capacity and progressiveness equipment are often the most powerful competitiveness.