Abstract

The economic crisis of 2008 did not leave China intact. The economic authorities faced, therefore, the necessity to modify the social-economic reforms. The main change was to focus on stimulation of domestic consumption rather than on pro-export activities. Another important step was a change in the attitude towards small and medium sized enterprises. The Chinese government started to support quite strongly the more efficient and innovative small firms rather than the big, state-owned enterprises. It resulted in an ownership change in the structure of the country.

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