Books > Social sciences > Politics & government > Central government > Central government policies
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State Intervention and Business in China - The Role of Preferential Policies (Hardcover, illustrated edition)
Loot Price: R2,885
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State Intervention and Business in China - The Role of Preferential Policies (Hardcover, illustrated edition)
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With a population of 1.2 billion and nearly two decades of
spectacular growth, China promises to become one of the world's
largest economic powers and consumer markets in the next century. A
salient feature of the contemporary Chinese economy is the
significance of state intervention toward business in the form of
'preferential policies'. Thanks to these policies, a firm's
location, ownership type and area of business largely determine
whether it should receive privileges of disadvantages in the
regulated business environment. The fast changing preferential
policies have had great influence on a wide range of economic
activities, including foreign direct investment. The extent,
complexity and variety of these policies are bewildering to both
investors and academics who study the Chinese economy.State
Intervention and Business in China is a systematic study of China's
preferential economic policies. Dr Lu and Dr Tang present these
policies in three categories, namely, the investor-oriented, the
region-oriented, and the industry-oriented policies. The authors
give a clear account of policies including: preferential tax rates,
state bank loans, trade protection and subsidies, and licensing
schemes. The book provides the in-depth political economy analyses
that reveal the sources and functions of these policies. By
offering empirical observations on the impact of state intervention
on regional development and economic structures, this book sheds
new light on the prospects for China's economic policy making.
State Intervention and Business in China will be indispensably for
scholars and specialists who are interested in contemporary Chinese
economy and society. It is also a valuable guide for doing business
in China.
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