Jul 9, 2014

About citizen dividend in China: How do we make state enterprises really belong to all citizens?

A. How do we make state enterprises really belong to all citizens?

国企如何才能真正全民所有--博客中国作者:信力建    2014-03-17

It says currently state enterprises are effectively "officials' enterprises" under the full control of officials and hardly benefit citizens.

It is a very interesting post. (Try Google Translate)

B. Why can't our state enterprises' profits be distributed to all citizens as dividend?

为何我们国企利润不可以全民分红?   李俊 2014-01-02

It estimates that state enterprises' profit can give a yearly citizen dividend of $653 (China currency). Although this is nothing to the rich, it is a meaningful amount to the 135 million people in China who survive on less than US$1 a day. 

In addition, it argues from various perspectives that citizens really own the state enterprises. "From the legal perspectives, state enterprises belong to all citizens and should distribute dividend to all citizens."

"This change is not really about welfare for the poor. Most importantly, it clarifies the ownership of state properties."

This is another very interesting post.

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