Analysis on Features and Countermeasures of Foreign-founded Enterprises' Sole Proprietorship in China

Abstract

Since China entered WTO, the policy restrictions in many industries have been gradually loosened or eliminated. The foreign companies have obtained sufficient understanding on China's markets through the long-term grope, as a result, many foreign enterprises begin to step towards sole proprietorship and they gradually expedited their speed. Influences from such a change and trend upon China's economy are presenting themselves gradually. This article is to analyze the evolution of the phenomenon, the features and the unfavorable impacts upon Chinapsilas economy in order to find out the countermeasures.