State-Owned Enterprises Play a Smaller, But Still Strategic, Role in China's External Sector

Executive Briefings on Trade (USITC), 2018

2 Pages Posted: 18 Apr 2019

See all articles by Alexander B. Hammer

Alexander B. Hammer

U.S. International Trade Commission

Lin Jones

U.S. International Trade Commission

Date Written: January 1, 2018

Abstract

China’s external sector has been the engine behind the country’s robust economic growth over the past four decades. By 2016, China’s total merchandise trade accounted for 16.1% of the world total, compared to 0.6% in 1978 when its economic reforms were initiated. China’s rapid trade growth was attributable to a series of interrelated factors. This briefing focuses on one of those factors—China’s declining dependence on state-owned enterprises (SOEs) in much, but not all, of its trade activity. Using the latest data, and starting from 1995 when official trade statistics became more reliable, this briefing (a) describes SOEs’ declining influence in China’s trade and (b) highlights prominent sectoral exceptions where Chinese SOEs still affect global market conditions.

Keywords: China, trade, soe, state-owned enterprises

JEL Classification: E00, F00

Suggested Citation

Hammer, Alexander B. and Jones, Lin, State-Owned Enterprises Play a Smaller, But Still Strategic, Role in China's External Sector (January 1, 2018). Executive Briefings on Trade (USITC), 2018 , Available at SSRN: https://ssrn.com/abstract=3370582

Alexander B. Hammer (Contact Author)

U.S. International Trade Commission ( email )

500 E Street SW
Washington, DC 20436
United States
(202) 205-3271 (Phone)

Lin Jones

U.S. International Trade Commission ( email )

500 E Street SW
Washington, DC 20436
United States

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