{"title":"Document 6: An Analysis of the Slowdown in the Growth Rate of Zhejiang's Township and Village Industry","authors":"Zhao Yannian, Wu Hongchuan, C. Xiong, Ying Xiong","doi":"10.2753/CES1097-1475310648","DOIUrl":null,"url":null,"abstract":"In the first half of 1997, the output value of township and village enterprises [hereafter TVEs] in Zhejiang came to RMB 384.9 billion (in present prices), an increase of 19.4 percent over the same period for 1996, which was a slowing of 25.2 points. Looking at industry from the two points of hamlet and above and hamlet and below, the output of village and hamlet second-level enterprises rose by 10.6 percent, a reduction of 21.1 points, while industry below the hamlet level, that is cooperative business, and individual and private enterprise, rose by 26.3 percent, a fall of 29 points, and their share of TVE industry rose from 57.2 percent to 59.3 percent. Revenue from realized sales came to RMB 326.2 billion, an increase of 7.7 percent and a fall of 26.4 points. TVE industry in the province remitted taxes of RMB 8.6 billion, a rise of 10.5 percent, but represented a slowing of 3.5 points, and realized profits of RMB 16.2 billion grew by 19.2 percent, a slowing of 11.2 points. Based on an investigation and...","PeriodicalId":45785,"journal":{"name":"CHINESE ECONOMY","volume":null,"pages":null},"PeriodicalIF":1.4000,"publicationDate":"1998-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.2753/CES1097-1475310648","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"CHINESE ECONOMY","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2753/CES1097-1475310648","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
In the first half of 1997, the output value of township and village enterprises [hereafter TVEs] in Zhejiang came to RMB 384.9 billion (in present prices), an increase of 19.4 percent over the same period for 1996, which was a slowing of 25.2 points. Looking at industry from the two points of hamlet and above and hamlet and below, the output of village and hamlet second-level enterprises rose by 10.6 percent, a reduction of 21.1 points, while industry below the hamlet level, that is cooperative business, and individual and private enterprise, rose by 26.3 percent, a fall of 29 points, and their share of TVE industry rose from 57.2 percent to 59.3 percent. Revenue from realized sales came to RMB 326.2 billion, an increase of 7.7 percent and a fall of 26.4 points. TVE industry in the province remitted taxes of RMB 8.6 billion, a rise of 10.5 percent, but represented a slowing of 3.5 points, and realized profits of RMB 16.2 billion grew by 19.2 percent, a slowing of 11.2 points. Based on an investigation and...
期刊介绍:
The Chinese Economy offers an objective and analytical perspective on economic issues concerning China. It features research papers by scholars from around the world as well as selected translations of important articles from Chinese sources. The journal aims to provide expert insight on China"s economic development and directions for future research and policy analysis.