Abstract
In the 1980s, the world was astonished by the rapid growth of the Chinese economy. Two sectors of the economy had played a significant role in promoting the economic boom, namely, the textile industry and the rural enterprise sector. The average growth rates of these two sectors over the period 1981–9 were 12.7 and 15.5 per cent in real terms, respectively, in comparison with 10.2 per cent for the economy. In particular, according to Figure 8.1, the average growth rate of the rural textile industry over the period 1985–9 was 37.2 per cent in real terms, which is far greater than the rates of both the textile and the rural industrial sectors during the same period.1
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