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ID192092
Title ProperReforming the Chinese State Sector
Other Title InformationMixed Ownership Reforms and State-Business Relations
LanguageENG
AuthorBeck, Kasper Ingeman
Summary / Abstract (Note)This article offers a detailed analysis of the policy design of the current fourth round of state-owned enterprise (SOE) corporate restructuring in China. This time, the state’s efforts to improve SOE performance hinged on attracting private capital to take ownership shares in state firms—or so-called mixed-ownership reforms. The article relies on an analysis of policy documents, interviews with policy experts in China, and a case study of local mixed-ownership reform implementation in the city of Nanjing. It discusses implications of mixed ownership for corporate governance amid changing state–Party–business relations in China. It concludes that the reform agenda consolidates a hybrid political-economic system that organically blends planning and market modes of economic coordination, as well as public and private modes of ownership.
`In' analytical NoteJournal of Contemporary China Vol. 32, No. 140; Mar 2023: p.264-279
Journal SourceJournal of Contemporary China Vol: 32 No 140
Key WordsState-Business Relations ;  Chinese State Sector ;  Mixed Ownership Reforms


 
 
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