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- Informal_economy_of_China abstract "The informal economy of the People’s Republic of China refers to a range of informal economic activity that stands outside of the recognized systems of regulations, taxation, and licenses. Although the term is sometimes understood to describe marginal, unregulated, and even criminal activity, there is considerable overlap between the informal sector and formal economy, and the informal economy serves an important societal function in contributing to employment and economic growth.The informal economy in China represents a large portion of domestic output, consumption and employment. Employment in the urban sector represents a major part of the Chinese economy: approximately half of urban Chinese workers belong to the informal economy as of 2004.—a significant increase since the 1990s. It is described as fast-growing, dynamic, highly competitive, and it contributes substantially to economic growth. However, there are serious concerns about the lack of protections afforded to workers in the informal sector.In addition, China is a major part of the global informal sector, producing unregulated goods for consumption in Africa, Latin America, and elsewhere. According to Roberta Neuwirth, China’s rise as a global center of manufacturing owes, in part, to its willingness to trade in the informal economy (also known as “system D” trade). In some regions in China, local governments have adopted policies designed to encourage the informal economy to alleviate unemployment.".
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- Informal_economy_of_China wikiPageWikiLink Black_market.
- Informal_economy_of_China wikiPageWikiLink Category:Economy_of_China.
- Informal_economy_of_China wikiPageWikiLink Category:Informal_economy.
- Informal_economy_of_China wikiPageWikiLink Chinese_economic_reform.
- Informal_economy_of_China wikiPageWikiLink Deng_Xiaoping.
- Informal_economy_of_China wikiPageWikiLink Informal_sector.
- Informal_economy_of_China wikiPageWikiLink Jangmadang.
- Informal_economy_of_China wikiPageWikiLink Mao_Zedong.
- Informal_economy_of_China wikiPageWikiLink System_D.
- Informal_economy_of_China wikiPageWikiLinkText "Informal economy of China".
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- Informal_economy_of_China subject Category:Economy_of_China.
- Informal_economy_of_China subject Category:Informal_economy.
- Informal_economy_of_China type Economy.
- Informal_economy_of_China comment "The informal economy of the People’s Republic of China refers to a range of informal economic activity that stands outside of the recognized systems of regulations, taxation, and licenses.".
- Informal_economy_of_China label "Informal economy of China".
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