SOE Reform in China: Past, Present and Future

This article analyses the evolution of SOE reform in China, especially focusing on how SOEs benefited from the Chinese government's favourable policies and how such SOE favouritism impacts the Chinese macro economy and causes social problems. The article outlines SOE reform before Hu Jintao and...

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Bibliographic Details
Main Authors: Kjeld Erik Brødsgaard, Xin Li
Format: Article
Language:English
Published: CBS Open Journals 2014-05-01
Series:The Copenhagen Journal of Asian Studies
Subjects:
Online Access:https://rauli.cbs.dk/index.php/cjas/article/view/4333
Description
Summary:This article analyses the evolution of SOE reform in China, especially focusing on how SOEs benefited from the Chinese government's favourable policies and how such SOE favouritism impacts the Chinese macro economy and causes social problems. The article outlines SOE reform before Hu Jintao and Wen Jiabao took over the leadership of the country in 2002–2003 and investigates the nominal as well as the real performance of SOEs since 2003. The article also discusses the nature and functions of Chinese SOEs as well as the future direction of Chinese SOE reform.
ISSN:2246-2163