THE DEVELOPMENT OF ENTREPRENEURSHIP AND PRIVATE ENTERPRISE IN THE PEOPLE'S REPUBLIC OF CHINA AND ITS RELEVANCE TO TRANSITIONAL ECONOMIES

2009 ◽  
Vol 14 (01) ◽  
pp. 39-58 ◽  
Author(s):  
XIAOHONG HE
Keyword(s):  
Private Sector ◽  
Rural Areas ◽  
Large Scale ◽  
Institutional Environment ◽  
Transitional Economies ◽  
People’S Republic Of China ◽  
Future Research ◽  
People's Republic Of China ◽  
Private Business ◽  
Republic Of China

This paper aims to study the issues and unique characteristics surrounding the birth and development of the private sector in the People's Republic of China (China); analyze the interaction of entrepreneurial behavior and the country's unique and continuously changing regulatory and institutional environment; examine the actions, outcomes, and composition of this emerging entrepreneurial class; and analyze the implications for entrepreneurship research in transitional economies. The paper offers a model built on a dynamic and transitional cycle. Using this model, the paper examines how uncertainties, ambiguities, and changing regulatory environments may create opportunities, bolstering the entrepreneurial class as well as an impressive private sector in a country where entrepreneurs and private business can be at odds with socialist ideology and culture in addition to many regulatory and institutional obstacles. Rather than relying upon limited survey data targeted at specific locations, industries, or time periods, this study is based on seven large-scale surveys conducted from 1993 to 2006 in both urban and rural areas extending horizontally across different industries in China, with a primary focus on private business. The findings are relevant for future research and government policy in transitional economies.

NECESSITY, FEASIBILITY, AND CHOICE OF WAY OF INTEGRATING THE GREATER EURASIAN PARTNERSHIP AND THE INITIATIVE CALLED “ONE BELT, ONE PATH”

2021 ◽  
pp. 109-116
Author(s):  
Huirong Zhao ◽  
Keyword(s):  
Russian Federation ◽  
Large Scale ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
Republic Of China ◽  
Eurasian Continent ◽  
Large Scale Integration ◽  
The Russian Federation ◽  
Scale Integration ◽  
Political Economic

The article covers the combination of two large-scale integration projects, the Great Eurasian Partnership (Russian Federation) and the initiative called One Belt, One Path (People’s Republic of China). Following the joint statement of the People’s Republic of China and the Russian Federation dated 5 June 2019, which sets out the fundamental provisions of a comprehensive partnership and strategic interaction between the two countries, the author states that the cooperation between Russia and China is conditioned by a number of the political, economic, cultural, and geographical factors; that it can bring tangible benefits not only to Moscow and Beijing, but to almost the entire Eurasian continent, as well as stabilise the global situation. However, in the process of their interaction Russia and China constantly encounter various obstacles, which manifest themselves at the bilateral, regional, and global levels and significantly slow down the implementation of joint projects, which are mutually beneficial. In this work, the author proves that the cumulative intensifying effect on the cooperation between Russia and China can be provided by the strategy of “pairing” integration projects of Russia and China, which the parties have been implementing quite consistently and steadily since 2014.

scholarly journals The Triple Logic and Choice Strategy of Rural Revitalization in the 70 Years since the Founding of the People’s Republic of China, Based on the Perspective of Historical Evolution

Agriculture ◽  
2020 ◽  
Vol 10 (4) ◽  
pp. 125
Author(s):  
Dongsheng Zhang ◽  
Wei Gao ◽  
Yiqing Lv
Keyword(s):  
Rural Areas ◽  
Path Selection ◽  
Path Model ◽  
Planning System ◽  
People’S Republic Of China ◽  
System Reform ◽  
Historical Evolution ◽  
People's Republic Of China ◽  
Republic Of China ◽  
Rural Revitalization

Since the founding of the People’s Republic of China, the Central Committee of the Communist Party of China has continuously improved and developed the rural system, deepened rural reform, and promoted the process of agricultural and rural modernization. This paper constructs an analytical framework of rural revitalization and explores the logical law behind it from the three aspects of theoretical evolution, historical evolution, and realistic development. Then, on the basis of summarizing the existing rural revitalization path model, in view of the lack of industrial, ecological, cultural, and other rural revitalization path development models, the paper explores the general principles of rural revitalization path selection and puts forward a realistic choice: First, the key breakthrough of rural revitalization will be achieved through the construction of a rural revitalization planning system, land system reform, and green development. Second, the connotation and extension of concepts, such as “small farmers”, “industry prosperity”, and “rural areas”, are objectively analyzed and evaluated, so as to promote rural revitalization and avoid the risks and challenges that it may face in practice.

ENTREPRENEURSHIP IN TRANSITIONAL ECONOMIES: REVIEW AND INTEGRATION OF TWO DECADES OF RESEARCH

2010 ◽  
Vol 15 (01) ◽  
pp. 69-99 ◽  
Author(s):  
IVAN M. MANEV ◽  
TATIANA S. MANOLOVA
Keyword(s):  
Large Scale ◽  
Institutional Environment ◽  
Empirical Studies ◽  
Transitional Economies ◽  
Future Research ◽  
Special Focus ◽  
Academic Journal ◽  
Opportunity Identification ◽  
Firm Level ◽  
Country Level

This review maps research on entrepreneurship in transitional economies since the start of institutional reforms. Data came from 129 academic journal articles published between 1990 and 2009. 62 articles reported research on macro (country) level, discussing the nature and speed of reform, credit constraints, assistance programs and the role of small business for economic development. 67 articles studied micro (firm) level factors, but only 14 of them employed data analytical methods to study what explains entrepreneurial success, suggesting a role for networking, industry experience and entrepreneurial orientation. We suggest more research on understanding the context of entrepreneurship, with a special focus on the informal institutional environment and industry structure. Also, future research can explore topics such as strategic agendas, opportunity identification and entrepreneurial cognition, which have been rare to date. We particularly emphasize the need for rigorous and replicable large-scale empirical studies.

scholarly journals Human Capital and Urbanization in the People’s Republic of China

2019 ◽  
pp. 475-513
Author(s):  
Chunbing Xing
Keyword(s):  
Human Capital ◽  
Rural Areas ◽  
Urban Areas ◽  
Returns To Education ◽  
People’S Republic Of China ◽  
Urban Migration ◽  
People's Republic Of China ◽  
Large Cities ◽  
Republic Of China ◽  
Capital Development

This chapter explores the relationship between human capital development and urbanization in the People’s Republic of China, highlighting the Hukou system and decentralized fiscal system. Educated workers disproportionately reside in urban areas and in large cities, and the returns to education are higher in urban areas relative to those in rural areas, and in large, educated cities relative to small, less educated cities. In addition, the external returns to education in urban areas are at least comparable to the magnitude of private returns. Rural areas are the major reservoir for urban population growth, and the more educated have a higher chance of moving to cities and obtaining urban Hukou. As for health, rural–urban migration is selective in that healthy rural residents choose to migrate. However, occupational choices and living conditions are detrimental to migrants’ health. While migration has a positive effect on migrant children, its effect on ‘left-behind’ children is unclear.

China’s urban-rural relationship: evolution and prospects

2018 ◽  
Vol 10 (2) ◽  
pp. 260-276 ◽  
Author(s):  
Zhenghe Zhang ◽  
Yawen Lu
Keyword(s):  
Rural Areas ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
Content Type ◽  
Republic Of China ◽  
The Future ◽  
Urban Rural ◽  
Urban And Rural Areas ◽  
Reform And Opening Up ◽  
The Relationship

Purpose In the 69 years since the founding of the People’s Republic of China, especially the 40 years since the reform and opening-up, the relationship between urban and rural areas has undergone profound change. When the deepening reform of the urban-rural relationship is entering a critical period, it is necessary to reassess the evolution of the urban-rural relationship in China and draw a picture for that relationship in the future. The paper aims to discuss these issues. Design/methodology/approach This paper combs the policies on the urban and rural development since the founding of the People’s Republic of China, and analyzes macro data on the industries, population, personal income, and other aspects. Findings The study found that this urbanism affects individuals’ lives and the choices of society through the will of the state, and then provides feedback at the whole level of social values. Originality/value This paper divides the evolution of China’s urban-rural relationship into two major stages – nurturing cities with rural areas and leading rural areas with cities, which are then subdivided into five periods. The features of the relationship between the urban and rural areas in different periods are analyzed, and the future development of urban-rural relations is also considered.

scholarly journals Sustaining Growth of the People's Republic of China

2015 ◽  
Vol 32 (1) ◽  
pp. 31-48 ◽  
Author(s):  
Justin Yifu Lin ◽  
Fan Zhang
Keyword(s):  
Large Scale ◽  
High Growth ◽  
Developed Countries ◽  
Chinese Economy ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
Republic Of China ◽  
Technological Gap ◽  
Long Run ◽  
Near Future

This paper reviews economic growth theory in the framework of economic development and explores the possibility of sustained growth in the People's Republic of China (PRC) in the long run. We argue that the PRC has the potential to sustain relatively high growth rates. First, since the technological gap with major developed countries still exists, the PRC can continue to enjoy its “advantage of backwardness” in the near future. Second, large-scale infrastructure investment, which began several decades ago, may possibly extend to the future and provide the country a basis for further growth. Third, structural readjustment, which is needed in many areas, should similarly be able to support the Chinese economy. This paper argues that to sustain long-term growth in the PRC, a number of general preconditions need to be fulfilled—these include well-functioning markets, a minimum amount of investment, continued structural upgrading, and effective government.

THE “CATFISH EFFECT” OF THE PRIVATE SECTOR ON THE ECONOMY OF THE PEOPLE’S REPUBLIC OF CHINA

1996 ◽  
Vol 04 (04) ◽  
pp. 331-349 ◽  
Author(s):  
ZHANG YOUZHUO ◽  
FU JIESHENG ◽  
M.Y. WONG ◽  
SALLY STEWART
Keyword(s):  
Private Sector ◽  
Market Economy ◽  
The Other ◽  
People’S Republic Of China ◽  
Dynamic Force ◽  
Vigorous Activity ◽  
People's Republic Of China ◽  
Republic Of China ◽  
The Creation

Just as a catfish placed in a tank will by its vigorous activity oxygenate the water and energise the other fish, so the private sector1 in the People’s Republic of China (PRC) is stimulating progress in other aspects of the economy. It is suggested that the changes, which include the creation of a new entrepreneurial class; setting a model for “capital operations” in the transition to a market economy; accelerating the formation of a competitive climate and acting as a pioneer, are contributing greatly to the development of the PRC. The paper concludes that the private sector provides a new dynamic force and is unlikely to be abolished again.

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