Title: China's centralized industrial order : industrial reform and the rise of centrally controlled big business /
Authors: Li, Chen, 1985-
Year: 2015
Subjects: Industrial policy China; Government ownership China; Big business China.; BUSINESS & ECONOMICS Industries General.; Big business; Economic policy; Government ownership; Industrial policy; Industrieökonomie; Industriepolitik; China Economic policy.; China; China
Abstract: "China's industrial reform has traditionally been depicted as the dissolution of central party state control and the development of an increasingly open, market-oriented, decentralized system, adhering to the standards of liberal market economy. This book, on the other hand, argues that these narratives are partial and misleading in that they ignore the persistence of an adaptable centrally controlled industrial governance system. The book examines the nature of this system, showing how China has been continuously experimenting with new practices, how institutions have evolved, and how, overall, China's industrial reform is a diverse, multi-faceted and adaptable process"--
Contents: 1. Transition, involution, or evolution : rethinking the political economy of China's industrial reform -- 2. Organized for catching-up : the emergence of China's centralized industrial order -- 3. The making of big business : from industrial ministries to centrally controlled 'national champions' -- 4. Party leadership transition and the bureaucratic restructuring for industrial reform -- 5. Holding 'China Inc.' together : the development of central nomenklatura and personnel management system -- 6. Holding 'China Inc.' together : the restructuring of the centrally controlled financial system -- 7. Communist party bureaucracy and capitalist big business.