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| Author: | Li, Li |
| Title: | Deepening the state-owned enterprises of foreign trade (original in Chinese) |
| Journal: | Journal of Zhongnan University of Finance and Economics (c)
1999 : 5, p.110-113 |
| Index terms: | PUBLIC COMPANIES INTERNATIONAL TRADE CHINA |
| Language: | chn |
| Abstract: | Since 1995 the loss scope of the state-owned enterprises of foreign trade has surpassed 70% while only through the privilege granted by the government could the rest 30% of enterprises made profit. The main causes are: the profitless enterprises have no management true autonomy; their management level was low. The counter-measures the paper proposes are:to carry on the systems of responsibility separation of assets-owners and managers and improve the systems of encouragement and binding and supervision; to bring into play the advantages of enterprises themselves along the group road of industrialization and internationalization; to strengthen the training of managers and personnel of the enterprises. |
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