RESURRECTION OF THE PRIVATE MICRO-ENTERPRISES IN CHINA: EXPERIENCE IN URBAN AND RURAL AREAS

Ebel Wickramanayake, Yafang Chen and Ming Wen
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Ebel Wickramanayake: Asian Institute of Technology, Bangkok, Thailand
Yafang Chen: Asian Institute of Technology, Bangkok, Thailand
Ming Wen: Asian Institute of Technology, Bangkok, Thailand

Journal of Enterprising Culture (JEC), 1995, vol. 03, issue 03, 293-307

Abstract: The People's Republic of China initiated a reform programme in late 1970s to move from a socialist to a socialist market economy. The unemployment in urban areas and poor performances of the agricultural sector prompted to a great extent the introduction of reforms which paved the way for the resurrection of private micro-enterprises both in urban and rural areas. A comparison of the characteristics of these enterprises such as entrepreneurship, sources of capital, access to land and sites, technology, sources of raw materials, labour utilisation, type of activities and internal capital accumulation highlights their similarities and differences.

Date: 1995
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DOI: 10.1142/S0218495895000167

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