China's WTO accession and the impact on its large manufacturing enterprises
The greatest success of Chinese enterprise reform has been the creation of market competition. Competition has forced the state to retreat from non-strategic sectors and increased private ownership in the industry. This development has created ownership diversification in the Chinese industry, which is in line with the leadership's 2-R ("Retreat and Retain") enterprise reform policy. The ownership diversification is a distinction of the reformed economy, called "a socialist economy with Chinese characteristics". The backbone of the economy is the large state firms in strategic sectors, largely.
"The greatest success of Chinese enterprise reform has been the creation of market competition. Competition has forced the state to retreat from non-strategic sectors and increased private ownership in the industry. This development has created ownership diversification in the Chinese industry, which is in line with the leadership's 2-R ("Retreat and Retain") enterprise reform policy. The ownership diversification is a distinction of the reformed economy, called "a socialist economy with Chinese characteristics". The backbone of the economy is the large state firms in strategic sectors, largely."@en
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Internationale Wirtschaftsorganisation / Mitgliedschaft / Sozialistisches Unternehmen / Unternehmensentwicklung / Industrie / China.
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