久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / View

SOE reform plan looks too broad to brush out problems

By ED Zhang (China Daily) Updated: 2015-09-21 10:08

Beijing recently released joint guidelines on the next round of reforms for State-owned enterprises.

SOE reform has been one of the central tasks of the economic reform, but for more than a decade, since former premier Zhu Rongji was appointed economic czar and oversaw massive restructuring of the SOE system from the planned economy era, there hasn't been a central program charting the reform's progress.

Not having a central program for an important part of the reform was disappointing. Vested interests inevitably grew in the vacuum of overarching principles.

Those interests tended to grow fast, considering that many SOEs after the first round of reform made them stronger, and became de facto monopolies in their industries.

And in at least some of these industries, customers (meaning the people) cannot get the best value for their money unless there is competition.

The stifling effect of having large banks (all State-owned) lending only to large companies (mostly State-owned) and squeezing the overall credit supply to society was a notorious case in economics, and the consequence has been obvious in the economy's lack of "biodiversity" that a rapidly industrializing and urbanizing nation needs.

The relatively slow and narrow development in privately owned services is part of the explanation of China's low consumer power (in consumer spending's contribution to the GDP compared with other developing economies).

It is also part of the explanation of massive pollution and low quality of life in industrial cities-because an excessive amount of resources has been used to feed an overcapacity of big smokestack industries that have no competitive edge in the future.

But a few years ago, few people, except future-minded independent economists, were really disappointed. They were misled by the astonishing short-term growth figures from simple manufacturing and the cheap goods they shipped to the overseas market.

Even for a short period immediately after the world financial crisis in 2008, China could still manage to report a growth record close to 10 percent year-on-year.

It is only when consumers in North America and Western Europe were no longer buying as much, and when domestic pollution had reached an unbearable level, that people came to realize the nation really could not have sustainable development without a new round of SOE reform.

China now has got one central reform program for its SOEs. Yet the program is so comprehensive and so general, if not philosophical, that putting it into practice still requires a series of subsidiary programs.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 亚洲视频免费一区 | 日韩在线观看一区 | 亚洲综合欧美综合 | 日韩一区视频在线 | 久久精品免费观看国产软件 | 欧美日韩一区二区在线视频 | 亚洲午夜精品一级在线 | 国产手机国产手机在线 | 亚洲精品国产专区一区 | 美女啪啪网站又黄又免费 | 欧美日韩免费一区二区三区 | 成人在免费视频手机观看网站 | 国产精品18久久久久久vr | 久久久久久88色愉愉 | 成人小视频在线观看免费 | 欧美日韩精品在线播放 | 日本阿v视频在线观看高清 日本波多野结衣视频 | 草久网 | 91国内精品久久久久怡红院 | 五月久久亚洲七七综合中文网 | 欧美乱大交xxxxx | 国产成人aa在线观看视频 | 欧美性色网 | 三级视频在线播放 | 亚洲视频中文字幕 | 深夜福利视频在线观看 | 一区二区三区在线看 | 最新在线精品国自拍视频 | 久久亚洲精品中文字幕第一区 | 日本美女性爱 | 综合久久一区二区三区 | chinese情侣真实自拍 | 精品国产综合成人亚洲区 | 国产欧美17694免费观看视频 | 91久久香蕉国产线看 | 国产亚洲福利精品一区二区 | 91免费永久国产在线观看 | 国产成人3p视频免费观看 | 日韩欧美一及在线播放 | 特级毛片全部免费播放a一级 | 亚洲人成网址在线观看 |