Purpose – This article presents a summary of the development and current status of township and village enterprises (TVEs) in China, examines the latest development in property restructuring in TVEs and explores the key challenges facing TVEs. Design/methodology/approach – This paper is a...

Scholars have emphasized the gradual ownership transformation of enterprises as a key driver of the Chinese economy’s unprecedented growth. However, little work has been done on the issue of whether this transformation process takes place evenly across the various regions in China. This paper...