Amidst the financial turmoil of the Asian economies, the most severe flooding in 50 years and domestic resistance to radical change, China is boldly moving forward with new reforms geared to dismantling state-owned enterprises, revamping the financial sector and downsizing a lethargic administrative bureaucracy. In Business Opportunities in Northeastern China, the twelfth volume in the Nanyang Business Report Series, the editors untangle the massive reform challenges embedded in China's northeastern industrial heartland which are crucial to sustaining the country's domestic growth.
This book addresses the unique regulatory and market reforms facing the central government, unparalleled anywhere, but which offer business and investment opportunities spanning new capital, technology, multimedia and human resources. Investors need to grasp the essence of the massive labour surplus from restructuring state industries; the entrepreneurial success of town and village enterprises; the spiraling demand for new affordable housing and transportation system; the comprehensive nature of economic development zones; retraining and developing advanced technical skills; and the immensity of China's cultural richness, and natural beauty, for tourism and hospitality development.
- Introduction
- Macro Reforms and FDI
- TVE and Xiagang Phenomena
- Regional and Sectoral Reforms
- Tourism and Infromation Technology
- Conclusion