Prosperity of Non State Sectors And Recession of SOEs in China: A Proper View of Them
نویسندگان
چکیده
The rapid economic growth of China features boom of the non-state sector and relative stagnancy of the state-owned enterprises (SOEs). These macro statistics themselves do not justify the popular belief that non SOEs will definitely continue to outperform SOEs and that accordingly SOEs should be transferred to other types of ownership as soon as possible. The performances of both economic sectors have to be looked at in their proper perspective and factors behind their prosperity and stagnancy have to be analyzed before any conclusion about their future can be made. In this paper we try to investigate some of these factors. With further reforms and establishment of a mature market system the current situation may turn around.
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