Great Breakthrough: The Turbulent History of Private Economy in New China

Author: Ma Licheng
Publisher:
Publish Date: 2006-03-01
Features: The development of the private economy has also created better conditions for the reform of state-owned enterprises. Currently, China's private enterprises are generally weak and can only participate in the reform of small and medium-sized state-owned enterprises. As the private economy further develops, it will become increasingly capable of participating in the reform of large state-owned enterprises. The private economy of China has gone through a difficult and winding path, achieving certain development, and is still in its initial stage. The current private economy still retains many historical traces of the period of institutional transformation. This book records, with a wealth of factual evidence, the history of the rise and fall, and development of China's private economy in recent decades, the evolution and breakthroughs in theories surrounding the private economy, the changes and development in the Communist Party of China's policies toward the private economy, and the significant contributions of the private economy to China's economic development since the reform and opening-up.