State capitalism

State ownership

Algorithm

State owned

Economic system

China

Economics

Market economy

Computer science

Capitalism

Business

Subsidy

Emerging markets

Politics

Political science

Corporatization

Artificial intelligence

Enterprise system

Economic reform

Industrial organization

Finance

Knowledge management

Perspective (graphical)

State (computer science)

Structural Change and Economic Dynamics

Based on the perspective of new structural economics, this paper reviews each stage of China's state-owned enterprise reform, summarizes their main features, and argues that the root of state-owned enterprise's low efficiency and soft budget constraints is their strategic and social policy burdens. According to the state-owned enterprise's existing situation, the paper provides suggestions for deepening its reform.

State-owned enterprise reform in China: The new structural economics perspective