search query: @author Liu, Fujiang / total: 4
reference: 2 / 4
| Author: | Liu, Fujiang |
| Title: | The basic characteristics of industrial fiscal state in China (original in Chinese) |
| Journal: | China Industrial Economy (c)
1997 : 2, p.34-37 |
| Index terms: | CORPORATE FINANCE INDUSTRIAL PERFORMANCE CHINA |
| Language: | chi |
| Abstract: | The basic characteristics of China's industrial fiscal state are as follows: irrational assets structure and decline gains and effectiveness of capital; irrational liability structure and weakening ability of debt service, as a result of which the risk of business has increased; low efficiency of operation of assets and the turnover of floating assets, which is better than that of fixed assets; the rising cost of management and financial affairs, which led to the declining profits; irrational structure of earning profits, resulting in the declining of stability and endurance of gaining profits; the unbalance of the structure of capital input and the structure of capital gains with the investment returns of Chinese party on the low side and those of foreign businessmen on the high side. |
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