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Holding “China Inc.” Together: The CCP and The Rise of China's Yangqi

Published online by Cambridge University Press:  15 November 2016

Chen Li*
Affiliation:
The Chinese University of Hong Kong. Email: lichen@cuhk.edu.hk.

Abstract

This article investigates the role of the Chinese Communist Party (CCP) in the rise of China's centrally controlled businesses (yangqi 央企), a batch of large business groups and financial institutions controlled by China's central party-state. It starts by comparing two competing policy approaches to defining the relations between the Party and state enterprise sector: the separation approach versus the adaptation approach. It then examines how the Party's “pro-big business” policies have shaped China's large enterprise reform since the 1960s and led to the formation of the yangqi. It also describes the key mechanisms used by the CCP to control the yangqi, including its personnel management system and disciplinary force. It further identifies and summarizes three key modes of the Party's intervention in the rise of the yangqi: institutional and policy entrepreneurship; leveraged personnel control; and residual mobilization capacity. The article concludes by discussing the future prospects for reforming the relations between the Party and big business in China.

摘要

中国的中央企业 (央企) 是一组由中国中央政府控股的大型工业企业集团与金融机构。它们的形成和演变是中国政治经济体制改革以及产业发展的核心问题之一。本文探讨党组织在中央企业崛起过程中的角色与作用机制。从对比关于中国党企关系改革的不同理念与政策路线出发, 本文回顾中共中央自 1960 年代以来扶植大型企业发展的重要政策演进, 并分析党组织直接治理中央企业的关键控制机制, 包括干部人事管理与纪律检察。本文将党组织在扶植和调控央企方面的作用概括为三个主要模式: 1) 制度与政策创业; 2) 杠杆式人事控制; 3) 剩余动员能力, 并尝试从这个视角探讨中国未来党企关系改革的前景。

Type
Articles
Copyright
Copyright © The China Quarterly 2016 

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