EVENT INFORMATION

12
April
1988

Enterprise Law grants state firms independent legal status

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📅 12 April 1988 📍 China

The Law on Industrial Enterprises Owned by the Whole People defined state enterprises as independent economic entities with operational autonomy and responsibility for profits and losses. It marked a move from administrative units toward market-facing firms, but public ownership and state appointment of leadership remained. Workers’ protections increasingly depended on enterprise finances.

Inisiá sesion pa gusta òf marká e relato aki.
🔖 Marká

Personanan den e suseso aki

NPC delegates

enterprise managers

Organisashonnan den e Evento aki

National People’s Congress

state-owned enterprises