Abstract
Chapter 7 has described the phenomenal growth of rural industry and its impact on China’s regional development. This chapter takes a closer look at its impact on the growth of China’s international trade, a major policy issue of concern to Beijing’s leadership. The growth of China’s rural enterprises was very impressive in the 1980s and early 1990s. From 1980 to 1995, the total output of the township and village enterprises (TVEs) grew at an average annual rate of 30 per cent. In 1995, TVEs produced about 56 per cent of China’s total industrial products, 43 per cent of total exports and provided employment for 128 million people.1 The TVEs’ growth of output and capability in providing employment far exceed those of the state owned enterprises (SOEs). Along with the foreign-funded enterprises (FFEs), TVEs have become the main components of the so-called non-state sector in China.
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Notes and references
See, for example, Kym Anderson and Rod Tyers, ‘Economic growth and market liberalization in China: implication for agricultural trade’, The Developing Economies, Vol. 25 No. 2 (1987), pp. 124–51;
Nicholas R. Lardy, Foreign Trade and Economic Reform in China, 1978–1990 (Cambridge: Cambridge University Press, 1992).
Mark Selden, The Political Economy of Chinese Development (New York: M.E. Sharpe, 1993), p. 167.
See Zhang Xiaohe, ‘Urban-rural isolation and its impact on China’s production and trade pattern’, China Economic Review, Vol. 3, No. 1 (1992), p. 92.
See a theoretical analysis of Zhang Xiaohe, Christopher Findlay, and Andrew Watson, ‘Growth of rural enterprises: impact on rural-urban relations,’ Journal of Development Studies, Vol. 31, No. 4 (1995)
See Zhang Xiaohe, ‘Urban—rural isolation and its impact on China’s production and trade pattern’; Nicholas Lardy, ‘Chinese foreign trade’, The China Quarterly, No. 131 (September 1992), pp. 691–720.
Zhou Handa, ‘A great success of the outward looking rural enterprises’, Zhongguo Xiangzhen Qiye Nianjian (Yearbook of China’s rural Enterprises), 1993, p. 272.
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© 1999 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Xiaohe, Z. (1999). Rural Industrialization and International Trade. In: Teather, D.C.B., Yee, H.S., Campling, J. (eds) China in Transition. Palgrave Macmillan, London. https://doi.org/10.1057/9780333983829_8
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DOI: https://doi.org/10.1057/9780333983829_8
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