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Traditionally, political scientists and economists have seen China as a single entity; business people have seen China as a single market. This book challenges the notion of a centralized and unified China, and outlines how provinces are taking on new economic and political roles, forced upon them by decentralization. Whilst central leadership in Beijing retains overall initative, decision-making powers in major policies are shifting to the provinces. They are becoming economic and political agents with their own economic/social agendas, and distinct political and cultural identities. This...

China's long-term economic success is driven by new firms, new sectors and new business practices. This book explores the establishment of new private firms and listed companies, the development of knowledge industries, in particular the IT and banking sectors and the co-evolution of public governance and business institutions. The contributors discuss the role of local institutions in coordinating business activities and unleashing entrepreneurship, arguing that the sudden growth of new firms and industries is facilitated by changes in business behaviour and institutions. Initial private...

China's long-term economic success is driven by new firms, new sectors and new business practices. This book explores the establishment of new private firms and listed companies, the development of knowledge industries, in particular the IT and banking sectors and the co-evolution of public governance and business institutions. The contributors discuss the role of local institutions in coordinating business activities and unleashing entrepreneurship, arguing that the sudden growth of new firms and industries is facilitated by changes in business behaviour and institutions. Initial private...

Traditionally, political scientists and economists have seen China as a single entity; business people have seen China as a single market. This book challenges the notion of a centralized and unified China, and outlines how provinces are taking on new economic and political roles, forced upon them by decentralization. Whilst central leadership in Beijing retains overall initative, decision-making powers in major policies are shifting to the provinces. They are becoming economic and political agents with their own economic/social agendas, and distinct political and cultural identities. This...