CHINA
- Share via
Drop in Public-Sector Output Forecast: China’s public sector, long the mainstay of the Communist system, will produce only a quarter of the total industrial output by the end of the century, according to a government forecast in the Economic Daily newspaper. Public enterprise currently accounts for over half of all production, it said. The State Information Center, the forecasting arm of the State Planning Commission, said the public sector’s share of output will fall by two or three percentage points annually throughout the 1990s, according to the newspaper.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.