Wenzhou model

E833844

The Wenzhou model is a distinctive Chinese development approach characterized by grassroots entrepreneurship, family-run private businesses, and market-driven growth with limited direct state intervention.

All labels observed (1)

Label Occurrences
Wenzhou model canonical 1

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf economic development model ⓘ
regional development strategy ⓘ
appliesTo Wenzhou ⓘ
Zhejiang Province ⓘ
associatedWith family business networks ⓘ
industrial clusters ⓘ
informal lending practices ⓘ
township and village enterprises ⓘ
characteristic clan-based business organization ⓘ
dense private business networks ⓘ
export-oriented manufacturing ⓘ
family-based capital accumulation ⓘ
family-run private businesses ⓘ
flexible labor markets ⓘ
grassroots entrepreneurship ⓘ
informal finance ⓘ
light industry focus ⓘ
limited direct state intervention ⓘ
low entry barriers for entrepreneurs ⓘ
market-driven growth ⓘ
small and medium-sized enterprises ⓘ
contrastsWith heavy state-owned enterprise dominance ⓘ
state-led development model ⓘ
country China ⓘ
developedIn 1980s ⓘ
economicSystem market economy with limited planning ⓘ
private-sector-led economy ⓘ
fieldOfStudy Chinese economic studies ⓘ
development economics ⓘ
regional economics ⓘ
hasAspect high reliance on family support systems ⓘ
limited social welfare provision by the state ⓘ
strong role of local markets ⓘ
weak formal financial institutions in early stages ⓘ
impact contributed to national policy debates on privatization ⓘ
influenced perceptions of private sector in China ⓘ
influencedBy Chinese economic reform ⓘ
knownFor entrepreneurial culture ⓘ
flexible production networks ⓘ
high levels of self-employment ⓘ
informal credit associations ⓘ
rapid growth of private enterprises ⓘ
specialization in low-cost manufacturing ⓘ
namedAfter Wenzhou ⓘ
periodOfUse post-1978 reform era ⓘ
usedAs case study in development economics ⓘ
example of bottom-up development ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Wenzhou → economicModel → Wenzhou model ⓘ