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| Author: | Yang, Zhanhui |
| Title: | Developing cross-century large group corporation: difficulties and countermeasures (original in Chinese) |
| Journal: | Economic Management (c)
1998 : 3, p.21-22 |
| Index terms: | CONGLOMERATE COMPANIES CHINA |
| Language: | chn |
| Abstract: | The development of large group corporations is restricted due to the following factors: no system basis for forming a community due to the backward reform of system of enterprises; imperfect financing management system restricting the development of investment of large groups; the two systems of management, industrial and regional, which hinders the trans-regional and inter-trade development; the lagging shift of the function of the government, which affects the development of large groups, and heavy burden of enterprises. The policy measures are 1. to choose a correct development model featuring low-cost expansion, parent-subsidiary form and strengthening groups' competitiveness; 2. to be push forward by the government and; 3. to realize capital business operation. |
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