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RESTRUCTURING OF LARGE INDUSTRIAL SOEs IN TRANSITIONAL CHINA: A CASE STUDY IN LANZHOU

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  • GENYING CHANG

Abstract

The restructuring of state‐owned enterprises (SOEs) is a central aspect of their reform in transitional China. This study traces the processes by which large industrial SOEs in Lanzhou are reorganised externally and expanded internally, and analyses their effects on regional industrial development. The study is qualitative, based on enterprise surveys and their historical documents. The paper demonstrates that the reorganisation process was government‐pushed, and that the government also played some role in the diversification and performance of large SOEs. In addition, the diversification of large SOEs in Lanzhou was subject to market conditions and SOE‐specific factors, and the influence of the national reorganisation policy on industrial development in Lanzhou was linked to the product and scale structure of local enterprises. As such, the study calls for a context approach that analyses the reorganisation and diversification of large enterprises in transitional China.

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  • Genying Chang, 2008. "RESTRUCTURING OF LARGE INDUSTRIAL SOEs IN TRANSITIONAL CHINA: A CASE STUDY IN LANZHOU," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 99(1), pages 84-93, February.
    • Handle: RePEc:bla:tvecsg:v:99:y:2008:i:1:p:84-93
    DOI: 10.1111/j.1467-9663.2008.00441.x
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    1. Boyan Jovanovic, 1993. "The Diversification of Production," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 24(1 Microec), pages 197-247.
    2. Giovanni Dosi & Christopher Freeman & Richard Nelson & Gerarld Silverberg & Luc Soete (ed.), 1988. "Technical Change and Economic Theory," LEM Book Series, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy, number dosietal-1988, November.
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    Cited by:

    1. Robert Huggins & Shougui Luo & Piers Thompson, 2014. "The competitiveness of China's Leading Regions: Benchmarking Their Knowledge-based Economies," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 105(3), pages 241-267, July.

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