By Linda Yueh
China has gone through a amazing transition during the last thirty years from a centrally-planned economic system to a extra industry orientated one. The transformation of industrial in China has been correspondingly obvious. This booklet provides an interdisciplinary research of the evolution of commercial improvement in China and the 'marketization' of in this interval inside a posh framework of felony, political, and financial reform aims.The e-book contains twelve unique company case reports to supply industry-specific research of the overarching macroeconomic and criminal advancements. It examines either household firm reform in China and the evolving therapy of overseas agencies within the context of either company legislation and financial rules, and the way enterprise is probably going to conform as monetary and criminal reforms quickly raise throughout the twenty-first century, particularly with reference to China's expanding international integration.
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Additional resources for Enterprising China: Business, Economic, and Legal Developments since 1979
It could not take the same form as law later ‘legitimizing’ economic policy, as had happened with Chinese enterprises. Thus, the ﬁrst piece of corporate law in China was the 1979 Law on Chinese–Foreign Equity Joint Ventures. In 1980, the two initial SEZs were created in Guangdong and Fujian provinces, with another two added a year later also in the south. Dramatic expansion of these export-processing zones which attracted FDI by offering concessions on tax and preferential treatment did not occur until Deng Xiaoping’s southern tour of 1992, after which nearly all provinces had an SEZ by the end of the 1990s.
By 2006, agriculture’s share of GDP had fallen to 11 per cent and yet, agriculture still accounts for some 40 per cent of employment, reﬂecting the 56 per cent of the population still dwelling in rural areas and who are constrained by the household registration system (hukou) from free movement to the higher income urban centres. The issue of surplus labour in rural areas, particularly in agriculture, was pressing, particularly before the gradual loosening of such migration controls in the 1990s.
China’s copyright law was promulgated in 1991 and has been amended several times since and limits protection to works that do not harm China’s ‘public interest’. Enforcement of copyright laws was further strengthened to step up criminal prosecutions in 2004. To complete the IPR system, China’s trademark law was promulgated in 1983 with signiﬁcant revisions in 1993, which permit registration and provide protection for service marks and also criminal sanctions for trademark infringement. By the mid 1990s, China had a nominal, though not widely regarded as effective, set of IPR laws intended to offer protection to inventions and therefore foster innovation.