Chinese state-owned enterprises

The Chinese chemical industry is still at an early stage of development and is highly fragmented. Almost 14,000 companies compete, with state-owned Sinopec and PetroChina the most dominant players. State-owned enterprises are, however, being replaced increasingly by private enterprises. In only four years, the share of private companies in the sector has grown from 23 to 33 percent. 

It is estimated that domestic Chinese private companies now account for some 30% of China s GDP. If we add to that the more than 20% from FIEs, and probably another 20% from TVEs, we are looking at an economy already powerfully dominated by non-state-owned enterprises. 

More specific to the area of manufacturing SC, Pyke et ah (2000) undertook a survey of state-owned, collectively owned and privately owned enterprises in order to understand the status of SCM in Chinese manufacturing firms, for example, how sophisticated were... 

No country has more direct involvement by government in the pharmaceutical enterprise than China. Most Chinese pharmaceutical companies are state owned and at present, 60 leading companies generate 70% of the entire industry s profits (71,80). Due to the poor overall performance of its pharmaceutical sector, the Chinese government has been attempting to streamline the 6,000 companies that operate in the country and transform them into more productive enterprises. 

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