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外文翻譯---中國(guó)中小企業(yè)融資難和融資結(jié)構(gòu)特點(diǎn)-企業(yè)融資-文庫(kù)吧

2025-04-17 11:00 本頁(yè)面


【正文】 e enterprises all increased by over 300 percent over 1980 (NBS, 1991, p. 1617). In the 1990s, the Chinese economy maintained a trend of steady and rapid growth and the overall scale of the economy continued to expand. According to the new standards on the scale of industrial enterprises carried out in 1998, there were 7,864 large enterprises, 14, 371 medium enterprises and 139,798 small enterprises – about , and percent of all firms respectively (NBS, 2020, p. 412413). Compared to figures from 1980 and 1990, while there was an increase in the proportion of large and mediumsized enterprises, the proportion of small enterprises decreased by 10 percent. There were several reasons for this: (1) Large and mediumsized enterprises increased their scale after the structural adjustment, merge and acquisition。 (2) With the improvement of the enterprise differentiation standard, a great number of SMEs could not be brought into the statistical category due to their small scale. The number of SMEs decreased (the statistics for the number of firms in 1999 was percent of the 1990 figure) and, naturally, the proportion of large and mediumsized enterprises increased。 (3) Since the mid1990s, China has switched from a shortage economy to a buyer’s market. The expansion of the openingup policy and the Asian economic crisis exposed Chinese enterprises to more ardent international petition. Due to the system reforms, the number of stateowned SMEs was cut down largely. Many nonstateowned SMEs also left the market for many reasons, including the pressures of environmental protection, capital difficulties, increased tax burden and fierce market petition. On the whole, it is already difficult to maintain the previous growth momentum in the number of SMEs as seen in the 1980s and 1990s. Since the late 1970s, the reform and openingup policy and objective terms of the phase of economic takeoff have provided a good external environment for the development of SMEs. Therefore, the increasing number and variety of emerging SMEs not only impelled the development of local and national economies, but also became an important indicator for a boost in the Chinese economy. Today, SMEs are getting stronger and continue to contribute to the development of Chinese society and economy. They exert the same function as SMEs in other countries, which is mainly expressed by promoting employment, technological innovation, training of entrepreneurs, developing international economic relationships, accelerating market petition, maintaining economic vitality, and so on. Comparatively speaking, the special nature of Chinese SMEs manifests their specific influence on the transition of China’s economic system and social structure. For example, the development of nonpublicowned SMEs not only changes the enterprise ownership structure, but also l
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