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Enterprises in sentence

1058 examples of Enterprises in a sentence

As it stands, China’s economy follows, to some extent, the old Leninist “commanding heights” model, with the Party holding all political power and controlling major enterprises and sectors, even as the burgeoning private sector drives growth and employment.
The best-managed state-owned enterprises could emerge – or remain – as successful and prominent players, adapting to expanded market competition and combining innovation with economies of scale.
Alibaba, Amazon, eBay, Flipkart, and Rakuten are turning millions of small enterprises around the world into “micro-multinational” exporters.
Instead, it should ponder if its policies actually make Europe hospitable for innovating enterprises.
Another bit of conventional wisdom is that creating the right incentive structure and securing the necessary know-how to run state-owned enterprises is very difficult.
But it will increasingly be exported as more Chinese enterprises and banks “go global.”
Shareholders know of hundreds of agricultural enterprises, hotels, luxury villas, banks, investment companies and corporate jets owned by Gazprom.
Has the tax burden on Chinese enterprises really reached economically lethal levels?
A recent World Bank report indicates that the total tax rate for Chinese enterprises averaged 68%, putting China 12th in the world.
According to Li Wanfu, Director of the Tax Research Institute under China’s State Administration of Taxation, more than 90% of all taxes and fees are paid by Chinese enterprises, while less than 10% are paid by individuals.
So what is the actual tax burden on Chinese enterprises?
For example, high-tech enterprises supported by the government pay an income-tax rate of just 15%, while some small-scale enterprises pay 20%.
After all, local governments often offer tax returns, refunds, and breaks, meaning that the tax burden varies greatly across enterprises, industries, and regions.
Government surcharges alone amount to at least 13% of Chinese enterprises’ revenues, with some 7% financing urban construction and maintenance, 5% going to education, and 1% earmarked for flood control.
They should start by recognizing that as long as upstream infrastructure remains in the hands of often-inefficient state-owned enterprises, some downstream sectors will have to bear higher costs.
If an elected government wants a bank to offer cheap credit to a group of enterprises so that they can hire more people, why should a supervisor be able to obstruct this democratic will?
If these enterprises are told to hire the governing party’s supporters as an implicit condition of obtaining subsidized credit, that, too, is the expression of electorally legitimized popular will.
The story of the diffusion and utilization of the dynamo offers strong analogies with the opportunities and problems posed by today's new information technologies for the organization of enterprises.
The first industrial applications of the dynamo began in 1890, but one needed to wait some thirty years before seeing the effects of that then “new technology” on the productivity of enterprises.
And, like many of them, China is now facing a “middle-income trap”: as wages rise, its low-end manufacturing is losing global competitiveness while government policies, endemic corruption, and dominant state-owned enterprises are stifling the type of private-sector innovation that China needs most to generate products and services with higher added value.
They and their families have become multimillionaires by exploiting the close association of business and politics, as well their strong links with China’s state-owned enterprises.
For lack of other options, poor people put their money in banks which then lend to more privileged people to fund state-owned enterprises or much higher-yielding real-estate investments.
But, although the government is trying to take some of the air out of the market, the authorities cannot easily take the more aggressive action that is required, because Chinese officials and other elites store so much of their wealth in real estate, which also comprises much of the collateral of state-connected banks, Similarly, although state-owned enterprises are sucking too much oxygen out of China’s economy, reforming them would require taking on China’s most powerful business and government leaders.
It is inevitably a long road from a starting point where credits are channeled to state-owned enterprises through state-owned banks to an economic environment in which interest rates are a proper indicator of monetary policy.
Monetary policy would have been more effective in the US had more attention been devoted to credit blockages – for example, many homeowners’ refinancing problems, even at lower interest rates, or small and medium-size enterprises’ lack of access to financing.
Moreover, these bonds are priced as spreads on the government-bond yield curve, implying that QE will have an immediate impact on enterprises’ financing costs.
China’s main priority should be to strengthen its legal institutions to protect property rights, while reducing state ownership and control of resources and large enterprises.
Because China’s government relaxed restrictions on offshore borrowing faster than was prudent, Chinese enterprises with links to the government have high levels of foreign debt.
In countries that have traditionally emphasized manufacturing, the underdeveloped service sector is dominated by small enterprises – mom and pop stores.
It should act with greater imagination to unleash more genuine economic freedom and competition, stop championing national enterprises, and start giving the European Central Bank more support.
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