A Study on Township and Village Enterprises in China
Posted: 28 Apr 2010
Date Written: February 15, 2009
The emergence of Township and Village Enterprises (TVEs), affectionately called as "Collectives", in China took everybody by surprise as its performance was spectacular and beyond comparison. Even the Chinese Government itself could not believe that performance-wise the TVEs could challenge the state-owned enterprises. The emergence of TVEs generated enormous job opportunities to the rural residents and immigrant rural population and their was a quantum leap in the per capita income of China. This article studies the emergence and the various factors of the success of the Chinese TVEs.
Keywords: Township and village industry, generation of job, per capita income
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