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Just because the state owns lots of stuff does not mean the state is being communist. State capitalism is also a thing. As far as enterprise goes, after findin
by lotsofmangos 11y ago
Just because the state owns lots of stuff does not mean the state is being communist. State capitalism is also a thing.
As far as enterprise goes, after finding out that keeping everything in house was not working, nearly all state enterprises were incorporated and the government mostly got out of the running of the businesses, while still holding onto a majority of shares.
There are also privately owned enterprises, which first equaled the number of people in employment in the public sector in 2001, and has been growing fast since, with China today having about the same balance of private sector to public sector jobs as Alaska.
Also, the state does not own all the land, for the past ten years private land ownership and property rights have been established in law, hence the nail houses - http://www.danwei.org/bbs/property_rights_the_coolest_na.php http://www.danwei.org/bbs/property_rights_the_coolest_na.php