To run an enterprise in China, what is the most important thing to learn? Political economics! What is political economics? It is business integrating with politics. Being entrepreneurial is not merely about selling product in a market, but also about acquiring favorable treatments from governmental authorities. This is knowledge! What if we only learn politics? No, that is out-of-date. A socialist market economic system has now taken shape in China. Only learn economics? Likewise no, it's not the time yet. The Chinese government still plays a dominant role in domestic market. (Interview notes, Nov. 21, 2007)
CITATION STYLE
Zhang, J., & Lin, S. (2014). Business and government. In Understanding Chinese Firms from Multiple Perspectives (pp. 51–79). Springer-Verlag Berlin Heidelberg. https://doi.org/10.1007/978-3-642-54417-0_3
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