A Research Of Chinese State-owned And Non-state-owned Business Groups

Many business groups have emerged in China since 2000. Among the business groups, some are controlled by state-owned enterprises and we call them State-owned , Business Groups, the others are called Private Business Groups which are controlled by private capital. These business groups take developmental strategies of diversification.Zhaoshang Class is a state-owned business group, while Hongyi Class is a non-state-owned business group. Oversea-shipping, barbor, public service and finance are the core industries of Zhaoshang Class. Hongyi Class have advanced in material, junketing, medical and finance industries.State-owned business groups are support by the country, but also are restricted with policy to develop. Non-state-owned business groups always meet financial problems. Although private capital is more efficient, non-state-owned business groups normally can be refused to enter some industries.