Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 7-Day Trial for You or Your Team.

Learn More →

Understanding State-Owned Enterprises Reforms in China

Understanding State-Owned Enterprises Reforms in China Note Indian Journal of Public Understanding State- Administration 1–8 Owned Enterprises © 2025 IIPA Article reuse guidelines: Reforms in China in.sagepub.com/journals-permissions-india DOI: 10.1177/00195561251369065 journals.sagepub.com/home/ipa R.K. Mishra Introduction Since the beginning of reforms and opening-up, China has explored the route of state-owned enterprises (SOEs) with changes appropriate to China’s national con- ditions and Chinese features. One of the main elements of the state’s capitalism reforms is SOE reforms (Yelery, 2021). Even with SOE productivity below ideal levels, China’s rapid economic growth has persisted. The ‘Chinese Puzzle’ of the expansion is explained by SOEs. This study aims to explore China’s reform initia- tives concerning SOEs, including their suggested course, efficacy and future goals. Why and How SOE Reforms? The goal of SOE system changes is to create and advance the development of a solid, contemporary corporate framework, encourage widespread corporatisation and joint stock arrangements and implement the limited liability system (Shaopeng, 2011). The SOE reform seeks to enhance corporatisation-based cor- porate governance. Its main goals are the separation of state ownership functions from other government responsibilities and the separation of government func- tions from enterprise management by detaching SOEs from the ministries’ admin- istrative authority, letting the market determine how resources http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Indian Journal of Public Administration SAGE

Understanding State-Owned Enterprises Reforms in China

Mishra, R.K.
Indian Journal of Public Administration , Volume OnlineFirst: 1 – Jan 1, 2025
Download PDF
8 pages

Loading next page...
 
/lp/sage/understanding-state-owned-enterprises-reforms-in-china-rGIIFPGYWa

References (10)

Publisher
SAGE
Copyright
© 2025 IIPA
ISSN
0019-5561
DOI
10.1177/00195561251369065
Publisher site
See Article on Publisher Site

Abstract

Note Indian Journal of Public Understanding State- Administration 1–8 Owned Enterprises © 2025 IIPA Article reuse guidelines: Reforms in China in.sagepub.com/journals-permissions-india DOI: 10.1177/00195561251369065 journals.sagepub.com/home/ipa R.K. Mishra Introduction Since the beginning of reforms and opening-up, China has explored the route of state-owned enterprises (SOEs) with changes appropriate to China’s national con- ditions and Chinese features. One of the main elements of the state’s capitalism reforms is SOE reforms (Yelery, 2021). Even with SOE productivity below ideal levels, China’s rapid economic growth has persisted. The ‘Chinese Puzzle’ of the expansion is explained by SOEs. This study aims to explore China’s reform initia- tives concerning SOEs, including their suggested course, efficacy and future goals. Why and How SOE Reforms? The goal of SOE system changes is to create and advance the development of a solid, contemporary corporate framework, encourage widespread corporatisation and joint stock arrangements and implement the limited liability system (Shaopeng, 2011). The SOE reform seeks to enhance corporatisation-based cor- porate governance. Its main goals are the separation of state ownership functions from other government responsibilities and the separation of government func- tions from enterprise management by detaching SOEs from the ministries’ admin- istrative authority, letting the market determine how resources

Journal

Indian Journal of Public Administration – SAGE

Published: Jan 1, 2025

There are no references for this article.