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Trade of power for money poisons official-entrepreneur relationship

China Daily | Updated: 2015-05-18 07:32

WANG JIANLIN, chairman of Wanda Group and one of the richest people in China, recently said the relationship between entrepreneurs and the government is important and complicated, and "it is impractical to stay away from the government in China".His comments have sparked a public debate, because the exchange of power for money is said to have dominated the relationship until now. Comments:

The government has so much power that some officials can even decide whether a new enterprise can be registered - that's the key reason for the distorted relationship between government officials and entrepreneurs. Hopefully, the anti-corruption campaign and the reform to free businesses of excessive government interference will correct the relationship.

jjjcb.cn, May 16

Trade of power for money poisons official-entrepreneur relationship

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