Why State Controlled Companies In China are SO SUCCESSFUL?

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  • Опубликовано: 2 окт 2024
  • China’s successful transformation has been also directly linked to the State-owned enterprises, they have played a significant role in China's economic growth and development. As of 2017, China has more SOEs than any other country. In 2018, half of the country's centrally owned Enterprises were among the world's 500 largest companies and in 2019, they represented 4.5% of the global economy.
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Комментарии • 100

  • @stanbimi
    @stanbimi 6 месяцев назад +77

    Three years of COVID-19 pandemic badly halted economic activities across the world. Despite China's huge success in controlling the spread of COVID with what the western media these days called a "failure" and "draconian", the proof of China's success is in the statistics. China has the lowest pandemic mortality rate of all countries. If 2022 is really a bad year for China's pandemic policies, China's 2023 exports including EV, batteries and solar panels is a shock to western business analysts. During the three years, Chinese engineers and workers never stopped.

    • @thisiskevin1000
      @thisiskevin1000 6 месяцев назад +4

      Data speaks volumes, but one should also have fresh on the ground realities from domestic sources

    • @cb250nighthawk3
      @cb250nighthawk3 6 месяцев назад +1

      Covid slowed down the whole world and let it reflect upon itself. Thank goodness for COVID-19.

    • @vinodkumar-xr6jm
      @vinodkumar-xr6jm 6 месяцев назад +6

      Apart from what you mentioned, CHINA is now manufacturing highest number of hydrogen fuelled vehicles.

    • @netnomad47
      @netnomad47 6 месяцев назад +1

      😂😂😂 50 cent army taking over the comments.

    • @stanbimi
      @stanbimi 6 месяцев назад +5

      @@netnomad47 How's life as absconder after Article 23 passed?

  • @SouthySouthy
    @SouthySouthy 6 месяцев назад +28

    more of this please, media is always lying to us about Chinese companies

    • @thisiskevin1000
      @thisiskevin1000 6 месяцев назад +1

      More bloggers and creators are doing this topic.

  • @greyson3452
    @greyson3452 6 месяцев назад +45

    China really is leading the world now! those state-owned enterprise is very great! thanks Rafa very nice video !

    • @alanwu5788
      @alanwu5788 5 месяцев назад

      Hi tech companies are not state owned

  • @dariomendoza191
    @dariomendoza191 6 месяцев назад +41

    the MOST EFFICIENt PEOPLE ,ORIENTED goverment in the World???

    • @刘恩宠
      @刘恩宠 6 месяцев назад

      people? No, that's the elite group oriented. People are naive and easy to be mentally manipulated, they don't know how to develop a country.

    • @Justice-Zcjh
      @Justice-Zcjh 6 месяцев назад +2

      Absolutely no doubt about that

    • @wdp7128
      @wdp7128 6 месяцев назад +1

      PRC is..
      You are not aware apparently.
      When time permits suggest you get to watch Jerry's Take on China. He has an insider's view of it.
      😊😊😊

  • @vinodkumar-xr6jm
    @vinodkumar-xr6jm 6 месяцев назад +45

    CHINA'S State owned companies now rules the automobile industry inthe World.No corruption, advanced mfg technology ,latest design all make China's auto industry to flourish.
    All the best to CHINA'S govt.
    ❤🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳🇨🇳💪💪

    • @roncheung8893
      @roncheung8893 6 месяцев назад

      which car manufacturer is state owned?

    • @vinodkumar-xr6jm
      @vinodkumar-xr6jm 6 месяцев назад +4

      @@roncheung8893 SAIC,FAW group,Dongfeng motor,changang automobile .Their output is in millions.No other country has such a profitable govt organisation.In india,all govt is bankrupt , functioning at loss,full of corruption so on.

  • @fabiorobertoferreira978
    @fabiorobertoferreira978 6 месяцев назад +18

    Very nice video Rafa

  • @Zerpentsa6598
    @Zerpentsa6598 6 месяцев назад +15

    Recently a review found the Hongji did better than a Bentley in road tests. 👏👏👏

  • @HKChineseCanadian
    @HKChineseCanadian 6 месяцев назад +27

    I love my Shanghai made Tesla. I will probably buy a Chinese model if available in Canada.

  • @peterlim3189
    @peterlim3189 6 месяцев назад +24

    Amazing Chinese manufacturing! 😊😊😊

  • @xinfuxia3809
    @xinfuxia3809 6 месяцев назад +19

    For as long as I can remember, “industrial policy “ is a dirty phrase in the west. It’s starting to reappear in the economists circle now.

  • @hongqingxiang3374
    @hongqingxiang3374 6 месяцев назад +3

    Thank you for your informative video🙏👍🙏

  • @ratnabahadurgurung9850
    @ratnabahadurgurung9850 6 месяцев назад +10

    Thank you Rafa for the excellent videos I am eagerly waiting another videos appreciate.

  • @lawrencelim100
    @lawrencelim100 6 месяцев назад +20

    Why do you say that the car makers are State-controlled companies? I understand that they are privately owned.

    • @刘恩宠
      @刘恩宠 6 месяцев назад +4

      there are State - controlled and private companies

    • @Goodfellow1234567
      @Goodfellow1234567 6 месяцев назад

      @@刘恩宠, in your definition, all US companies are State controlled as they're not allowed to do business with Huawei, and even Holland's ASML, a few companies in Korean and Japan are not allowed to do business with Huawei, does this mean companies from Holland, Korea and Japan are US controlled companies?

    • @danielwong2333
      @danielwong2333 6 месяцев назад +4

      Geeley, xpeng, nio etc are all privately owned

    • @cb250nighthawk3
      @cb250nighthawk3 6 месяцев назад +4

      Warren Buffet owned and still owns a huge chunk of BYD shares, yes.

  • @HappyPandaBear73
    @HappyPandaBear73 6 месяцев назад +4

    TEAM CHINA AUTOMAKERS & TEAM CHINA NOW AND FOREVER ALL THE WAY!👍🙏🐲🐉🐼🌏🇨🇳🙂❗️

  • @tomsunuwar6940
    @tomsunuwar6940 6 месяцев назад +7

    Great 🇨🇳🇨🇳🇨🇳ever great 👍👍👍💐💐💐

  • @manimalworks7424
    @manimalworks7424 6 месяцев назад +9

    impressive

  • @WANDERER0070
    @WANDERER0070 6 месяцев назад +11

    Chinese are amazing builders ❤

  • @belincentgidke4536
    @belincentgidke4536 6 месяцев назад +9

    BYD and Geely are not state controlled and they seem to be doing well.

    • @CallMeInfinite0000
      @CallMeInfinite0000 4 месяца назад

      Of course theyre not! There's no government subsidies in play, so they can shove their "wonderful" EV's down Europe, Latin America, SE Asia, and Oceania's throats.

  • @jacintochua6885
    @jacintochua6885 6 месяцев назад +6

    Red Flsg or Hing Qi has been making limousines since thev1950s.

  • @GardeningZ
    @GardeningZ 6 месяцев назад +3

    The not so successful state controlled companies had been sold or privatized long time ago.

  • @qake2021
    @qake2021 6 месяцев назад +10

    👍👍👍🇨🇳🇨🇳🇨🇳👏👏👏

  • @nuestrotao
    @nuestrotao 6 месяцев назад +12

    How was your experience with an electric car?

    • @RafaGoesAround
      @RafaGoesAround  6 месяцев назад +21

      It's been great so far. Specially because of the great charging network available in China! I drive a BYD and its a great brand!

    • @silveriver9
      @silveriver9 6 месяцев назад +14

      Awesome! BYD is spreading far and wide across Europe.

  • @paulanderson7796
    @paulanderson7796 6 месяцев назад +1

    Do you mean 'state regulated" rather than 'state controlled'?

  • @TAL142
    @TAL142 6 месяцев назад +8

    The private own car companies are as big or bigger than these SOE. The EVs are subsidized for the consumers not the the car companies.

  • @ahjotland6721
    @ahjotland6721 3 месяца назад

    Thanks for another great video. Your fans in the USA! 🙏😊👍

  • @osuan9
    @osuan9 6 месяцев назад +6

    nice...

  • @張小可-b8l
    @張小可-b8l 4 месяца назад

    They are not state-contrlled companies.

  • @wkpeterf
    @wkpeterf 2 месяца назад

    China on the rise again,thanks for your video rafa.😊😊😊

  • @АндрейМ-ф5н
    @АндрейМ-ф5н 6 месяцев назад +6

    КНР 🇨🇳❤️🇨🇳❤️🇨🇳❤️🇨🇳❤️🇨🇳❤️

  • @roncheung8893
    @roncheung8893 6 месяцев назад +2

    NO, NO, NO, most state owned companies in China lose money, Even high speed railways.

    • @weimingfeng2284
      @weimingfeng2284 6 месяцев назад +2

      识少少扮代表😂

    • @李小白-x4v
      @李小白-x4v 6 месяцев назад +4

      Just because state-owned companies are in the red doesn't mean they're inefficient, because their profits are invested in new projects. This may be unpleasant for shareholders, but it is good for the people.

  • @hansbleuer3346
    @hansbleuer3346 6 месяцев назад

    Ha Ha Ha

  • @gryblk21
    @gryblk21 6 месяцев назад +3

    I would be interested to see a video comparing quality control at China's commercial aircraft company to that at Boeing. How can a state owned company build safer aircraft than a private company? Aren't private companies inherently better than public companies? Hasn't this been proven scientifically?

    • @shencheanglow3726
      @shencheanglow3726 6 месяцев назад +13

      If a system is based on meritocracy instead of how good one is in rhetoric, it will be efficient no matter how you elect your government.

    • @hendyanthony722
      @hendyanthony722 6 месяцев назад +7

      ​@@shencheanglow3726
      100% agree, democracy elected are full of bullsh** imo😢

    • @dranzacspartan8002
      @dranzacspartan8002 6 месяцев назад

      @@shencheanglow3726 💯💯

    • @cb250nighthawk3
      @cb250nighthawk3 6 месяцев назад +2

      Those ideas have been proven clinically wrong 😂

    • @王焉-v4u
      @王焉-v4u 6 месяцев назад

      国有或私营企业,在基层管理的角度有什么区别吗?反正我看都差不多。高管会不同。

  • @georwoogle
    @georwoogle 6 месяцев назад +2

  • @Dorgon_HetuAla
    @Dorgon_HetuAla 6 месяцев назад +2

    Wrong information!
    You are lying.

    • @paulanderson7796
      @paulanderson7796 6 месяцев назад +1

      Why would he lie? To you? Are you that special?

    • @張小可-b8l
      @張小可-b8l 4 месяца назад

      ​@@paulanderson7796 These companies are not stated-controlled, the information in the video is wrong.

    • @paulanderson7796
      @paulanderson7796 4 месяца назад

      @@張小可-b8l I know that. It was not me who said they were. They are sensibly regulated, unlike the free for all capitalist greed we have in the "West".

  • @Mkay1808
    @Mkay1808 6 месяцев назад +1

    How much did CCP .paid you to promote them ..

    • @yingxu7908
      @yingxu7908 6 месяцев назад +7

      how much are you get for each of your comment

    • @paulanderson7796
      @paulanderson7796 6 месяцев назад

      @@yingxu7908 It's CPC not CCP. Why would China pay him to produce this? They're more than capable of creating their own propaganda if they need to. Are you American?

    • @CallMeInfinite0000
      @CallMeInfinite0000 4 месяца назад

      ​@@paulanderson7796Are you slow enough to not notice how ALL of these "facts" are propaganda targeted to the West? I am American, far more intelligent than you to realize that THIS. IS. FAKE.