Establishing Socialist Joint Stock Companies: A Report of a Study on the Joint-Development Company of the China Tourism Souvenirs Enterprise

Rong Wenzuo

Chinese Economy, 1987, vol. 20, issue 3, 46-62

Abstract: The Joint-Development Company of the China Tourism Souvenirs Enterprise is a crossregional, crossdepartmental, and crossownership socialist joint stock company. The organization of this company began in January 1983. It was officially established in March of that year. Up to the end of August 1985, the company, despite having only two years and five months of "life," has nonetheless already achieved results that are very encouraging and that are hard to imagine by conventional standards.

Date: 1987
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