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Enterprising ChinaBusiness, Economic, and Legal Developments since 1979$
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Linda Yueh

Print publication date: 2011

Print ISBN-13: 9780199205837

Published to Oxford Scholarship Online: April 2015

DOI: 10.1093/acprof:osobl/9780199205837.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 24 October 2020

Introduction

Introduction

Chapter:
(p.1) 1 Introduction
Source:
Enterprising China
Author(s):

Linda Yeuh

Publisher:
Oxford University Press
DOI:10.1093/acprof:osobl/9780199205837.003.0001

This chapter describes the notable features of China's growth. One of its features is the development of a corporate sector that produced the largest and fastest growing companies in the world. The transformation of China's industrial sector from being run by the state to being marketized is caused not only by economic policies but also legal reforms. The economic policies and institutional reforms have contributed to the development of a market economy from a centrally planned economic system where the state dictated output, prices, and other aspects of supply and demand.

Keywords:   China, corporate sector, industrial sector, marketized, economic policies, legal reforms

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