Challenges and growth of China's private sector
Jun 09, 2021, 11:20 AM
Is the dynamic role of the private sector in China under threat by its economic model and the United States?
This episode is part of the ZhōngHuá Mundus series of The Sound of Economics.
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Since 2010, the landscape of China’s largest companies has shifted away from the dominance of state-owned enterprises towards a more diverse and complex landscape with an increasing number of mixed-ownership enterprises and non-public enterprises.
Since 2010, the landscape of China’s largest companies has shifted away from the dominance of state-owned enterprises towards a more diverse and complex landscape with an increasing number of mixed-ownership enterprises and non-public enterprises.
This evolution, however, has been far from linear with Chinese private companies facing several challenges. In this episode, SHAN Weijian, Chairman and CEO of PAG, joins Giuseppe Porcaro and Alicia García-Herrero from Hong Kong, to share his insights on how the private sector has progressed and the road ahead.