According to recent accounts of Chinese economic reforms since the fall of the “gang of four,” many changes have taken place in how. industrial enterprises operate. “Responsibility” systems have now been introduced. Enterprises are now accountable for their profits, and losses, starting first with “experimental” plants, parallel to similar changes in the agricultural sector, and in late 1984 generalized to the urban economy.
No takes yet. Share an insight, caveat, or question.
Malcolm Warner (1986) studied this question.
Synapse has enriched 5 related papers. Consider them for comparative context: