Categories
Politics & Society

Business and politics mix in China

More than 85% of private-sector enterprises in China that employ three or more Communist Party members currently have party branches, the Financial Times reported. Ouyang Song, vice minister of the Organization Department for the Communist Party's powerful Central Committee, told a news conference Thursday the party hoped to boost the figure, underlining the growing convergence of interests between China's private sector and its communist rulers. Companies with three party member employees have been allowed to establish party branches since 2002.

Leave a Reply

Discover more from China Economic Review

Subscribe now to keep reading and get access to the full archive.

Continue reading