Thirty Years of Turbulence - Chinese Enterprises

作者：admin  点击次数：6  发布时间：2026-03-12

Starting from the Jinjiang counterfeit drug case, the conscious, organized, and large-scale production of fake and inferior products in the vast rural areas of China will continue to spread for the next 20 years, never completely eradicated. It has become a shortcut for many places to get rid of poverty and a trick for local governments to revitalize the local economy. In the Jinjiang fake drug factory, a considerable number of founders and operators are local township cadres, and this feature will be repeatedly presented in the future. The simple and honest business ethics that have been passed down for thousands of years in grassroots society in China are gradually disappearing in a terrible way from then on. ①

The Jinjiang counterfeit drug case and the Hainan car smuggling case filled China with a strange atmosphere in 1985. On the one hand, economic opening up and enterprise reform have gradually become a consensus among the people, and new changes are being encouraged and attempted in various fields. Private capital in the Pearl River Delta, southern Jiangsu, Wenzhou and other places is showing a rising trend. Accelerating investment and development has once again become a national theme, and the macro economy is showing signs of warming up again after years of silence. On the other hand, the material desires of the entire population are suddenly stimulated, and getting rid of poverty becomes the supreme public ideal. Under this goal, disregard for the system and morality is tacitly accepted, which also provides opportunities for conservative forces to attack.