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Thirty Years of Turbulence - Chinese Enterprises

作者:admin  点击次数:4  发布时间:2026-03-16

Zhou Yaoting, from Wuxi Hongdou Group, a famous township enterprise in Jiangsu Province, recalled that "when Hongdou developed, the country never gave us one kilogram of diesel or one kilogram of cotton yarn, and never had any planned raw materials. Around 1985 and 1986, textile enterprises were extremely short of raw materials, and many factories had to cut off their meals. Our company did not have cotton yarn for foreign trade, so we thought of the department in Wuxi to fight for some. The answer was of course not, because you are a township enterprise and cannot give us one kilogram of cotton yarn. I said, state-owned enterprises are the big brother, and our township enterprises are the little brother. Little brothers learn from the big brother. Can we ask textile companies to give us some cotton yarn? The department cadre replied to me, 'Are you a small brother in your township enterprise? It's not worthy.' That's right

This conversation left an unforgettable impression on Zhou Yaoting. 20 years later, in a special interview with CCTV's "20 Years of Reform and Opening Up," he said to the camera, "State owned enterprises are the big brothers, township enterprises are not the little brothers, and township enterprises are illegitimate children. At that time, we township enterprises received the treatment of illegitimate children

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