An Analysis of State-owned Enterprises and State Capitalism in China, 2011

Washington, D.C. Oct 26, 2011. The U.S.-China Economic and Security Review Commission released a new report, “An Analysis of State-owned Enterprises and State Capitalism in China.”

China’s breathtaking economic growth, has often led observers to assume that the country’s economic system has been transformed into a capitalist economy dominated by private enterprise. Although China’s reliance on private enterprise and market-based incentives has been growing, and the CCP’s treatment of private enterprises and entrepreneurs has been changing, it would be a mistake to minimize the current role of the State and the CCP in shaping economic outcomes in China and beyond. The Chinese government and state-owned enterprises (SOEs) remain potent economic forces. Indeed, some of China’s SOEs are among the largest firms in China and the world. They are major investors in foreign countries. They have been involved in some of the largest initial public offerings in recent years and remain the controlling owners of many major firms listed on Chinese and foreign stock exchanges.

Previous reports and analyses by academics and policy experts have estimated that Chinese SOEs, and other state-affiliated enterprises, hold a lower share of China’s non-agricultural GDP than that estimated in this report, which provides a comprehensive analysis of that country’s control and influence over its economic enterprises. This report tracks testimony heard by the Commission that China’s privatization reforms have, in some cases, reversed and that the state sector is strengthening.

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Vietnam Solid Waste Market Analysis

Vietnam is currently one of the fastest growing and untapped solid waste management markets in the Asia-Pacific region. According to our new research report, “Vietnam Solid Waste Market Analysis”, the business and social environment in Vietnam has become favorable for foreign investors owing to the WTO accession and relaxed regulatory policies, which in turn will promote fast industrialization and urbanization.

Urban population has increased tremendously during the past few years and the share of urban population was 28.3% in 2009 which further increased in 2010. Rising urban population has infused municipal solid waste generation growth to reach new height.

Among the industrial sectors, such as food and beverages, wearing apparel, tanning and dressing of leather, wood and products of wood, fabricated metal products that are the backbone of Vietnam’s industrial sector, industrial solid waste is growing at a fast pace in the country. Amid the fast developments in industrial production, the industrial solid waste generation reached an estimated 5.7 Million Tons in 2010. It is anticipated that the industrial solid waste management market will continue to post phenomenal growth at a CAGR of around 19% during 2011-2015.

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