During the Qianlong period, China learned about this company from the other side in the first trade exchange with the West. However, China's first contact with the company ended in failure, because those in power were blind and arrogant, and insisted on the closed-door policy.
After the Opium War, the Qing government set up China Merchants, which was the first joint-stock company in China. At the same time, Japan was in the Meiji Restoration period, and Japan used western learning to support the company with various conditions, which made the company develop greatly. However, in China, China Merchants was forced to conduct foreign trade because of its good performance. However, because it was a commercial office supervised by the government, private shareholders were forced to withdraw their shares, and Sheng Xuanhuai was both the official governor and the general manager of the commercial office and entered the company. Because the Qing government was on guard against non-governmental forces, it didn't trust market rules, but only trusted officials' morality. Although this kind of company organization has played a certain role in promoting national industries and enterprises, under the autocratic rule, the spirit of free and equal contract and the property right system under the legal protection were all extravagant talks, and the rulers ignored the "invisible hand of the market", so the first company craze in modern China quickly cooled down.
Zhang Jian, the top scholar in the late Qing Dynasty, made a decision to abandon his official position and go into business. Official shares only receive dividends and do not interfere in corporate affairs. The company tried to get rid of the government's control over the enterprise as much as possible, but due to the lack of legal environment, the company law under the imperial system was ineffective and ended in failure.
During World War I, the market flourished briefly and the company developed rapidly. The private capital represented by Rongshi has successfully expanded, and the company's business has spread all over Asia. But at that time, after the power was seized by selfish desires and greedy bureaucratic capital, coupled with the warlord melee and War of Resistance against Japanese Aggression, the most basic peace of the country could not be maintained, even the sovereignty could not be maintained. At this point, saving the country became the primary proposition, and China Company, which lost its survival soil, had to be silent again.
After the founding of New China, the planned economy system was implemented. Companies exist in the form of state-owned enterprises, and they implement national plans. After the reform and opening up, millions of township enterprises and output value of hundreds of billions of yuan have been produced in just a few years. 98% of the state-owned enterprises have contracted operations to varying degrees, and foreign companies are allowed to invest and do business in China again. Self-employed people quickly developed to the scale of requiring employees. After Nanxun, the country was further opened. 1994 "People's Republic of China (PRC) Company Law" was promulgated, which clarified the legal status of the company as the main body of the socialist market economy, eliminated the differences of ownership status, and everyone was equal before the law.
At this time, the role of the company is greater, and the state-owned enterprises are in a difficult period of reform. At that time, most of the state-owned enterprises were losing money, and later they were restructured. State-owned enterprises withdrew from the small and medium-sized economy, and private enterprises intervened to introduce investors, which realized the diversification of equity and changed the situation of single investor in the state-owned economy. In the process of transition to a market economy, tens of millions of state-owned workers have been laid off, and the government and people are suffering while enjoying a free and equal economy.
After fierce market competition, a large number of state-owned enterprises such as CNOOC and Sinopec have performed well in the market, which shows that they can also become competitive large enterprises. Nowadays, more and more ordinary people take to the stage and become a new force to push the world forward. The historical curtain of global competition has been opened, and I believe China will definitely reach the top in this PK. Because we have the world's largest consumer market, the most competitive economic system, the most ambitious capital and the most innovative China people, why don't all other mountains look like dwarfs in the world? ?