非公有制经济英文文献

"Public ownership of the means of production," along with "planned economy," has been the backbone of the conventional socialist economic system. Thus, in China under the planned economy, there only existed "publicly-owned enterprises" consisting of state-run enterprises (which were later renamed as state-owned enterprises) and collectively-owned enterprises, with no private enterprises allowed to be formed. Since the late 1970s when China adopted a reform and opening-door policy, however, both foreign companies and private enterprises began to grow. In particular, from the latter half of the 1990s, equity participation of private capital in, and privatization of, state-owned enterprises have been pushed forward through corporatization -- turning them into shareholding enterprises. China's transition to a market economy will not be completed until it abandons the public ownership system. In this regard, the ongoing shareholding reform is serving as