Mervyn K. Lewis

Tables and Boxes

1.1 China – key economic indicators, 2000–05 3 1.2 Measures of activity of Chinese state-owned enterprises, selected years, 1980–2001 9 1.3 The ownership status of Chinese industrial enterprises, 2002 10 2.1 Economic characteristics of the twenty largest countries, 1997 19 2.2 Growth and productivity changes in the pre-reform and reform periods 21 2.3 Shares of Chinese industrial output value by ownership, 1978–93 32 2.4 Structure of domestic savings, 1978–94 38 3.1 A profile of China’s state-owned enterprises, 2001 52 3.2 Employment by nature of enterprise, selected years, 1980–2001 53 3.3 State-owned industrial units, 1993–2002 55 3.4 Forms of foreign direct investment in China, 1979–2002 58 3.5 Transformation of small and medium enterprises in China, by 2000 69 3.6 Measures of the financial performance of Chinese state enterprises relative to all enterprises, 1994–2000 73 3.7 China’s 20 largest listed corporations, 2004 79 3.8 Outline of the enterprise reform process 82 4.1 Distribution of productive assets in the Chinese agricultural sector, 1978 and 1985 106 4.2 Employment in certain non-state enterprises, for selected years 1981–2001 107 6.1 Household saving and bank deposits, 1978–2000 190 6.2 Chinese banking institutions (end 2003) 205 6.3 New finance raised in Chinese financial markets, 1995–2004 206 6.4 Short-term lending by China’s national state banks to various sectors, 1985–2003 208 6.5 Equity structure of stocks listed on China’s stock markets, 1992–2004 210 6.6 Sources of financing for private enterprises in China, based on various samples 214 7.1 Estimates of non-performing loans of Chinese banks, 1994–2004 228