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1 The Enterprise Reform Programme in China since 1979
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Published:August 1994
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Abstract
The events of 4 June 1989 in Tiananmen Square probably marked the end of a ten-year period of economic reform in China, which had affected every aspect of the planned economy built up by the Communist Party since the revolution. In this period agriculture was extensively decollectivized, the complex central planning system effectively dismantled for a wide range of industrial goods, and much greater autonomy given to industrial firms. The purpose of the research reported in this book is to trace the impact of the economic reforms as they affected the larger state-owned industrial enterprises. In particular, the objective is to provide a detailed statement of the external environment of the firm under the reform regime, to model the behaviour of firms in this new environment, and to quantify, as far as possible, the impact of different policy measures.
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