The Reform of State-Owned Enterprises in China: The Groundwork for Privatization Needs to Be Laid Urgently
17 Pages Posted: 30 Jan 2006
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: Suggested Citation