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How Much Do State-Owned Enterprises Contribute to China's GDP and Employment? / Chunlin Zhang.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Zhang, Chunlin.
- Series:
- Other papers.
- World Bank e-Library.
- Other papers
- Language:
- English
- Subjects (All):
- Employment.
- Foreign Direct Investment.
- State-Owned Enterprises.
- Local Subjects:
- Employment.
- Foreign Direct Investment.
- State-Owned Enterprises.
- Place of Publication:
- Washington, D.C. : The World Bank, 2019.
- System Details:
- data file
- Summary:
- A large sector of state-owned enterprises (SOEs) is well known as the hallmark of the Chinese economy. But exactly how much do they contribute to the country's gross domestic product (GDP) and employment? Since available statistics do not provide a straightforward answer, this note attempts to make some estimations. In conclusion, estimations in this note suggest that the share of SOEs in China's GDP should be twenty-three to twenty-eight percent and their share in employment can be anywhere between five and sixteen percent in 2017.
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