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Management in the Chinese Construction Industry

Ping Lan

Asia Pacific Business Review, 1999, vol. 5, issue 3-4, 94-118

Abstract: One important aim of economic reform in China is to allow state-owned enterprises to be more market driven. This contribution, based on an industry competition model and four cornerstones for indicating economy transformation, scrutinizes the major changes taking place in the Chinese construction industry. It finds that the behaviour of key stakeholders such as managers, contractors, government, suppliers, clients, and new entrants in the industry has dramatically changed. However, a contractual chain within the industry is far from complete, and relationships between the main stakeholders are problematic. Thus, further reforms are needed to maintain industry's orderly development.

Date: 1999
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DOI: 10.1080/13602389900000006

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