The Reform of State-Owned Enterprises in China: The Groundwork for Privatization Needs to Be Laid Urgently

17 Pages Posted: 30 Jan 2006

See all articles by C. H. Kwan

C. H. Kwan

Nomura Institute of Capital Markets Research

Abstract

Since the late 1990s the Chinese government has sought to limit the role of state-owned enterprises to areas such as providing public goods and services while leaving competitive areas of the economy to the private sector through privatization. To achieve this goal, both the country's securities markets and the governance of those enterprises that remain under state control need to be improved.

Keywords: china, privatizaion, state-owned, enterprise

JEL Classification: F20, F23

Suggested Citation

Kwan, C.H., The Reform of State-Owned Enterprises in China: The Groundwork for Privatization Needs to Be Laid Urgently. Nomura Capital Market Review, Vol. 8, No. 2, pp.58-74, Summer 2005, Available at SSRN: https://ssrn.com/abstract=872246

C.H. Kwan (Contact Author)

Nomura Institute of Capital Markets Research ( email )

Urbannet Otemachi Building
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Tokyo, 100-8130
Japan

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