同海大学 TONGJI UNIVERSITY Defining the New Private Entrepreneurs different from the tradltlonal landlords In soclo-economically China's agrarian economy polltical- departure from the policy that prohibited private ownership of property from 1949-1978 New closely assoclated with a new commerclal culture-economically culture that values profit and individualism historically a fresh chapter In contemporary Chinese history,the beginning of the Deng Era apart from those who Interwine private Indlvldual shares with a varlety of Private the SOE shares,and the government shares or the "power shares" Are those so-called "private entrepreneurs"who were in fact transferred from the former SOEs true private businessen? 11
11 Defining the New Private Entrepreneurs Defining the New Private Entrepreneurs Defining the New Private Entrepreneurs Defining the New Private Entrepreneurs New socio-economically socio-economically socio-economically socio-economically different from the traditional landlords in different from the traditional landlords in different from the traditional landlords in different from the traditional landlords in China's agrarian economy China's agrarian economy China's agrarian economy China's agrarian economy political- political- political- politicaleconomically economically economically economically departure from the policy that prohibited departure from the policy that prohibited departure from the policy that prohibited departure from the policy that prohibited private ownership of property from 1949-1978 private ownership of property from 1949-1978 private ownership of property from 1949-1978 private ownership of property from 1949-1978 culture-economically culture-economically culture-economically culture-economically closely associated with a new commercial closely associated with a new commercial closely associated with a new commercial closely associated with a new commercial culture that values profit and individualism culture that values profit and individualism culture that values profit and individualism culture that values profit and individualism historically historically historically historically a fresh chapter in contemporary Chinese a fresh chapter in contemporary Chinese a fresh chapter in contemporary Chinese a fresh chapter in contemporary Chinese history, the beginning of the Deng Era history, the beginning of the Deng Era history, the beginning of the Deng Era history, the beginning of the Deng Era Private apart from those who interwine private individual shares with a variety of apart from those who interwine private individual shares with a variety of apart from those who interwine private individual shares with a variety of apart from those who interwine private individual shares with a variety of the SOE shares, and the government shares or the "power shares" the SOE shares, and the government shares or the "power shares" the SOE shares, and the government shares or the "power shares" the SOE shares, and the government shares or the "power shares" Are those so-called "private entrepreneurs" who were in fact Are those so-called "private entrepreneurs" who were in fact Are those so-called "private entrepreneurs" who were in fact Are those so-called "private entrepreneurs" who were in fact transferred from the former SOEs true private businessen? transferred from the former SOEs true private businessen? transferred from the former SOEs true private businessen? transferred from the former SOEs true private businessen?
同濟大学 TONGJI UNIVERSITY Defining the New Prlvate Entrepreneurs Who have business Investment,not llquld asset Entrepreneur different from those broadly defined middle class currently an intermediary between individuals and a class business association:"solving their problems,influencing the local Implementation of pollcy" Group of -not expressed much interest in political reforms,"are not NPEs demanding clvll,polltical,or soclal rights..." It Is posslble for the group to develop Into a class,also possible that this process may never materialize in China. 12
12 Defining the New Private Entrepreneurs Defining the New Private Entrepreneurs Defining the New Private Entrepreneurs Defining the New Private Entrepreneurs Entrepreneur Who have business investment, not liquid asset Who have business investment, not liquid asset Who have business investment, not liquid asset Who have business investment, not liquid asset different from those broadly defined middle class different from those broadly defined middle class different from those broadly defined middle class different from those broadly defined middle class Group of NPEs currently an intermediary between individuals and a class currently an intermediary between individuals and a class currently an intermediary between individuals and a class currently an intermediary between individuals and a class - business association:"solving their problems, influencing the - business association:"solving their problems, influencing the - business association:"solving their problems, influencing the - business association:"solving their problems, influencing the local implementation of policy" local implementation of policy" local implementation of policy" local implementation of policy" - not expressed much interest in political reforms, "are not - not expressed much interest in political reforms, "are not - not expressed much interest in political reforms, "are not - not expressed much interest in political reforms, "are not demanding civil, political, or social rights..." demanding civil, political, or social rights..." demanding civil, political, or social rights..." demanding civil, political, or social rights..." It is possible for the group to develop into a class, also possible It is possible for the group to develop into a class, also possible It is possible for the group to develop into a class, also possible It is possible for the group to develop into a class, also possible that this process may never materialize in China. that this process may never materialize in China. that this process may never materialize in China. that this process may never materialize in China