Government Function Transformation in the Private Enterprise Transformation and Upgrading: Literature Review and Theoretical Examination
DOI:
https://doi.org/10.54097/54x57x53Keywords:
Private Enterprise Transformation and Upgrading; Government Function Transformation; Industrial Policies.Abstract
Private enterprises in China have rapidly risen to become indispensable in creating Chinese miracles since the reform and opening-up. They also face the challenge of transformation and upgrading from high-speed to high-quality growth. In the paper, the paths of private enterprise transformation and upgrading are categorically elucidated through reviewing academic research on government function transformation and the pros and cons of different government industrial policies are analyzed to provide a reference for subsequent research.
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