Английская Википедия:Guo jin min tui

Материал из Онлайн справочника
Перейти к навигацииПерейти к поиску

Шаблон:WeaselШаблон:Update Шаблон:Italic title Шаблон:Use dmy dates Guo jin min tui (国进民退) is an alleged phenomenon in the Chinese economy, meaning "the state enterprises advance, the private sectors retreat".[1]

Despite being less profitable - the average return on equity is 4% - state-owned enterprises have easier access to funding than purely private enterprises.[2] The government has encouraged state-owned enterprises to consolidate, favoured them in regulation, and awarded them contracts and subsidies; this crowds out other competitors, both domestic and foreign, undermining the economy.[3][4]

This contrasts with an earlier phase of economic liberalisation in China, where the private sector was seen as flourishing and generating growth;[2] in the late 1990s, Zhu Rongji weeded out some of the weaker state-owned enterprises.[3]

However, in some contexts, "guo jin min tui" has been contrasted with "guo jin min ye jin", meaning "the state and the market develop together".[5]

Шаблон:Quotation

Reforms

In 2008–2012, the government's stimulus package, a response to the global financial crisis, pushed up inflation and increased liquidity; this exacerbated the problem of guo jin min tui. As part of the stimulus, the government continued to prop up individual SOEs whilst letting private enterprises fall by the wayside.[6] There have been calls for this system to be reformed, increasing competition and hence productivity.[7]

References

Шаблон:Reflist

External links