Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control … productivity; (ii) the labor productivity of state-owned firms converged to that of private firms; (iii) the capital productivity … of state-owned firms remained significantly lower than that of private firms; and (iv) total factor productivity (TFP …

Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control … productivity; (ii) the labor productivity of state-owned firms converged to that of private firms; (iii) the capital productivity … of state-owned firms remained significantly lower than that of private firms; and (iv) total factor productivity (TFP …

China's rapid economic growth since 1978 has been mainly credited to the leadership of the Communist Party of China … (CPC), especially Deng Xiaoping, in the official narratives. This article examines key events before and during China … real driving forces of China's rapid growth. The main role of Deng and the CPC leadership was permissive to the grassroots …

enterprise system. This principle creates a political governance system in China’s SOEs-a Party-dominated governance system … intra-Party supervision. This survey explains the logic of political governance in China’s SOEs, presents the evolution and …