Introduction

Cheng Jin
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Cheng Jin: South China University of Technology

Chapter 1 in An Economic Analysis of the Rise and Decline of Chinese Township and Village Enterprises, 2017, pp 1-17 from Palgrave Macmillan

Abstract: Abstract A number of authors have argued that the Chinese township and village enterprises (TVEs) were the real engine of China’s economic transition (Fei 1998; Naughton 2006; Weitzman and Xu 1994). Evidence showing that in 1996, prior to privatization, TVEs accounted for more than 40 per cent of China’s industrial output in its manufacturing sector (China Statistical Yearbook 1997) certainly lends credence to this argument. Starting from a sector that in 1978 attracted virtually no attention, the subsequent record of TVEs can definitely be viewed as a major economic achievement, comparable with the success of China’s early post-1978 agricultural reforms.

Date: 2017
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DOI: 10.1007/978-3-319-59770-6_1

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