Analysis of Losses Incurred by State-Owned Industrial Enterprises Included in the State Budget, and Proposed Countermeasures

Song Qun, Lian Zhiming, Wang Dongjiang, Liu Wen and Lu Guorong

Chinese Economy, 1992, vol. 26, issue 1, 56-87

Abstract: From 1979 to 1986, state-owned industrial enterprises realized a total of 852.5 billion yuan in profits and taxes at an average annual progressive increase rate of 6.8 percent. This amount equalled the sum of profits and taxes realized in the previous twenty-six years. Their contributions constituted 80 percent of national financial revenue and played a major role in the development of the national economy. On the other hand, it should also be pointed out that state-owned industrial enterprises have always sustained relatively big losses. This problem has become more serious in the past two years and is now a major impediment to the improvement of industrial economic results in the country. To reverse this situation as quickly as possible and create more favorable conditions for deepening reform, it is necessary to make an overall analysis of these losses and arrive at some solutions.

Date: 1992
References: Add references at CitEc
Citations:

Downloads: (external link)
http://mesharpe.metapress.com/link.asp?target=contribution&id=53581T547T606452 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mes:chinec:v:26:y:1992:i:1:p:56-87

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/MCES20

Access Statistics for this article

More articles in Chinese Economy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().