State-owned enterprises of Taiwan

Corporations such as Wang Film Productions, CPC Corporation, Taiwan Financial Holdings Group and Aerospace Industrial Development Corporation are owned by the state in the Republic of China.

History

The founding father of the Republic of China and of the Kuomintang, Sun Yat-sen, was heavily influenced by the economic ideas of Henry George, who believed that the rents extracted from natural monopolies or the usage of land belonged to the public. Sun argued for Georgism and emphasized the importance of a mixed economy, which he termed "The Principle of Minsheng" in his Three Principles of the People.

"The railroads, public utilities, canals, and forests should be nationalized, and all income from the land and mines should be in the hands of the State. With this money in hand, the State can therefore finance the social welfare programs."[1]

Kuomintang leader, and later President of the Republic of China on the mainland and Taiwan Island, Chiang Kai-shek, crushed pro-communist worker and peasant organizations and the rich Shanghai capitalists at the same time. Chiang continued Sun Yat-sen's anti-capitalist ideology—Kuomintang media openly attacked the capitalists and capitalism, demanding government-controlled industry instead.[2]

The Kuomintang Muslim Governor of Ningxia, Ma Hongkui promoted state-owned monopoly companies. His government had a company, Fu Ning Company, which had a monopoly over commerce and industrial activity in Ningxia.[3]

Under the Kuomintang Muslim General Ma Bufang in Qinghai, industries and projects such as educational, medical, agricultural, and sanitation schemes were controlled by the state.[4]

The Chinese Muslim 36th Division (National Revolutionary Army) governed southern Xinjiang from 1934 to 1937. The General Ma Hushan was chief of the 36th Division. Chinese Muslims operated state-owned carpet factories.[5]

Taiwan launched privatization programs in 1989.[6]

References

  1. ↑ Simei Qing "From Allies to Enemies", 19
  2. ↑ Coble, Parks M. (1986). The Shanghai capitalists and the Nationalist government, 1927–1937. Volume 94 of Harvard East Asian monographs (2, reprint, illustrated ed.). Harvard Univ Asia Center. p. 263. ISBN 0-674-80536-4. Retrieved 2011-05-15.
  3. ↑ Barnett, A. Doak (1968). China on the eve of Communist takeover. Praeger. p. 190. Retrieved 2010-06-28.
  4. ↑ Draguhn, Werner; David S. G. Goodman (2002). China's communist revolutions: fifty years of the People's Republic of China. Psychology Press. p. 38. ISBN 0-7007-1630-0. Retrieved 2011-04-09.
  5. ↑ Forbes, Andrew D. W. (1986). Warlords and Muslims in Chinese Central Asia: a political history of Republican Sinkiang 1911–1949. Cambridge, England: CUP Archive. p. 131. ISBN 0-521-25514-7. Retrieved 2010-06-28.
  6. ↑ "Taiwan - 7-State-Owned Enterprises". export.gov. 21 July 2017. Retrieved 20 June 2018.
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