Murdoch University Research Repository

Welcome to the Murdoch University Research Repository

The Murdoch University Research Repository is an open access digital collection of research
created by Murdoch University staff, researchers and postgraduate students.

Learn more

Privatisation and economic performance in China

Tian, X. (2003) Privatisation and economic performance in China. In: Garnaut, Ross and Song, Ligang, (eds.) China’s third economic transformation : the rise of the private economy. RoutledgeCurzon, London, UK.

Google Books Preview:
*Open access. Some pages may not be available


The Chinese economy is currently undergoing an institutional transformation as profound as the replacement of the people's communes with the household responsibility system in the early 1980s and the emergence of township and village enterprises as the main locus of economic dynamism in the second half of the 1980s. This third dramatic transformation is the emergence of the private sector development in China and includes: an overview of the development of private enterprises in China, analysis of the development and emerging paths toward private enterprise, examination of the business environment in which private enterprises operate, how the legal environment has changed through economic reform, managerial capabilities and state-business interactions, suggestions of policy recommendations. Perhaps controversally, the contributors suggest that private sector development is necessary to maintain the dynamism of the Chinese economy and create greater employment opportunities.

Item Type: Book Chapter
Publisher: RoutledgeCurzon
Item Control Page Item Control Page