China's Collective Enterprises Revolutionize Ownership Structure for Workers' Benefit
The article discusses how collective enterprises in China have undergone ownership reforms over the past 12 years. The main goal is to establish individual ownership by staff and workers while maintaining common ownership of production means. This approach aims to overcome issues of unclear ownership within collective enterprises. The key findings suggest that by reestablishing proprietor relationships, the reforms can lead to a more efficient and effective system for collective enterprises.