The Common Program of the People's Republic of China 1949-1954


Article 30 of the Common Program

Content

Fig. 30.1 Composition of production value of private industry sector 1949–1952
Wen (2021) Page 132
1,000 yuan [old RMB]
"In 1950, the industrial value of the private sector grew merely by 6.59%, whereas order, sale and purchasing by and processing for the state increased by 158.6%, a 17% growth in total production value, up to 28.83%. The value of independent production and sale was decreased by 13.91%, a drop of 71.17%. The year 1951 was a boom year for the private sector. However, the government was still the dominant contributor to economic growth. Order, sale, and purchase by and processing for the state increased by 106%, representing 42.71% of the total production value. In comparison, independent production and sale increased by merely 11.9%, 57.29% of total value. In 1952, the value of order, sale, and purchase by and processing for the state increased by 36.49%. It went over 50% for the first time, whereas the absolute figure of independent production and sale dropped by 20.17% "  30-12-1950 Interim Regulations on Private Enterprises  30-03-1951 Measures for the Implementation of the Interim Regulations on Private Enterprises
privately-run


 00-04-1950 Comments on the Issue of Dealing with the National Bourgeoisie and Private Industrial and Commercial Policies


Chapter 4 of Common Program