Research On Public-private Partnership Of Rong’s Enterprises In The Early Days Of The Founding Of New China(1949-1956)

Focusing on Rong’s enterprise,a famous national entrepreneur in Wuxi,this paper investigates the tortuous process of public-private partnership in the period of socialist transformation.At the beginning of the 20 th century,Rong Zongjing and Rong Desheng brothers in Wuxi started as flour mills and grew rapidly during the first World War.Half a century later,Rong’s enterprises have spread all over the country,with three systems of Shenxin,Fuxin and Maoxin.They have become the giants of China’s cotton textile and flour industry and one of the most powerful national enterprises in China.Since its birth,Rong’s enterprise has been constantly facing challenges from feudal bureaucrats,foreign capital and war.It strives for survival in the cracks and development in twists and turns.The Rong’s family supports Rong’s enterprise to stand firm by relying on open and flexible experience strategies.After liberation,the Rong family scattered all over the world.Rong Desheng and his fourth son Rong Yiren insisted on staying in the mainland and became the representatives of Rong family enterprises.When New China was founded,the National Government left the Communist Party of China with a "mess",and rong enterprises also faced many residual problems,such as the "golden yuan coupons" issued by the National Government that led to the rupture of the capital chain,and the lack of raw materials for enterprises caused by the war,and once fell into a difficult situation.In this regard,the CPC has adopted a series of measures such as providing bank loans,importing raw cotton,and processing orders,implementing the primary form of state capitalism,helping Rong enterprises to resume production,and carrying out united front work with rong fathers and sons who remained on the mainland,eliminating concerns,and enabling Rong enterprises to survive the difficulties.However,with the development of the "three antis" and "five antis" movements,Rong’s entrepreneurs have undergone a change in thinking,facing a high amount of rebates that enterprises cannot afford,and the state planned economic system has deprived private enterprises of the free market on which they depend for survival,labor relations have become increasingly complex,Rong enterprises have almost lost their living space,and public-private partnerships are the last way out.After the CPC put forward the general line of the transitional period in 1953,the socialist transformation of capitalist industry and commerce was gradually carried out,and public-private partnership is the general trend.Facing the national policy requirements and enterprise conditions,Rong entrepreneurs complied with the needs of the times and social development,actively studied and implemented the general line of the transition period,took the lead in public-private partnership,and took the lead in public-private partnership of huge Rong enterprises.After the joint venture,the production level of Rong’s enterprise and the living conditions of its employees have been improved,incorporated into the national unified economic system,become a model of public-private partnership,drive the realization of public-private partnership in the whole industry,and make immortal contributions to the economic construction of new China.The fate of Rong’s enterprises after the founding of new China is the epitome of modern Chinese national enterprises in the period of socialist transformation.It is of typical significance to study the transformation of modern Chinese enterprises.