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An Examination of Commodity Economy in Wenzhou

Lin Zili (Chinese economist, senior research fellow of the Research Centre for Rural Development of the State Council, PRC.)

International Journal of Social Economics

ISSN: 0306-8293

Article publication date: 1 August 1991

Abstract

The rise of household enterprises (including a small number of large households hiring labourers, i.e. privately‐run enterprises) and the formation of the regional market have caused the Wenzhou economy to manifest its seldom‐seen vitality, and have also brought about the broadened differences in people′s incomes. It is just such phenomena that have given rise to wide interest and heated arguments about the question whether or not the economy in Wenzhou has advanced towards “privatisation”, “marketisation” or “polarisation”. For this reason, the author of this research report makes an in‐depth theoretical analysis on the basis of his on‐the‐spot investigation.

Keywords

Citation

Zili, L. (1991), "An Examination of Commodity Economy in Wenzhou", International Journal of Social Economics, Vol. 18 No. 8/9/10, pp. 29-37. https://doi.org/10.1108/03068299110136371

Publisher

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MCB UP Ltd

Copyright © 1991, MCB UP Limited