Township and Village Enterprises
From Wikipedia, the free encyclopedia
Township and Village Enterprises (TVE's) are entrepreneurial communities based in townships and villages in rural areas of the People's Republic of China. They developed in mainland China after the economic reforms under Deng Xiaoping in the early 1980s. Generally, the local populace is mobilized into a business or industry through the state. This system has been efficient in China[citation needed] and is truly unique.
Most of the economic growth of the 1980s and 1990s was concentrated in the coastal cities such as Shanghai and Guangzhou. TVE's accounted for most of the rural economic growth.
By 1993, TVE's employed 123 million people.[citation needed] Since 1996, TVE's have declined.[citation needed]
[edit] Organization
TVE's are run hierarchically. At the top, a government leader, often with a foreign investor, appoints managers and allocates earnings.
[edit] See also
- Provinces of China (for a discussion of townships and villages).
[edit] External links
- First book on rural enterprises published - Xinhuanet. 6 Dec. 2005.
- State-Owned versus Township and Village Enterprises in China
- Township and Village Enterprises in China
 |
This China-related article is a stub. You can help Wikipedia by expanding it. |
 |
This economics or finance-related article is a stub. You can help Wikipedia by expanding it. |
