Author:
Kong‐Wing Chow Clement,Wing Kwong Tsang Eric
Abstract
The distribution system in China has been undergoing rapid changes since
the implementation of the economic reform in late 1978. The relative
performance of the major players in distribution, namely state
enterprises, collective enterprises and private businesses has had
significant changes. The private sector has been the winner in terms of
market share and efficiency. In addition to the entrepreneurial spirit
and operational efficiency of the private sector, argues that there are
two other important factors accounting for its success. The first
determining factor is the relaxation of government policy which has
legalized and fostered the development of the sector. The second factor
is the change in consumption patterns during the reform. Less staple
food but more consumer goods and services are purchased than in the
past. These change have further contributed to the booming of the
private sector in the distribution system.
Subject
Business and International Management,Marketing
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