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Meeting the challenge of Chinese enterprise reform (Inglés)

This paper argues that despite China's impressive growth since the beginning of economic reform in 1978, inefficiencies still burden many of the state owned enterprises (SOEs) that comprise the core of the country's industrial sector. Reform of SOEs has been proceeding, including a 50-point program announced by the Government in November 1993 that contains major reforms to be introduced. In addition, competition from non-state sector firms has eroded...
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