Private Business Opportunities

Born in the beginning of the new century, the Forum on China-Africa Cooperation （FOCAC） is an important platform of dialogue between the two sides under the framework of South-South cooperation. In the past 18 years, the forum, as a booster driving up rapid and sustainable China-Africa cooperation, has been providing long-lasting and energetic impetus to the healthy development of bilateral relations.

Social Origins and Political Participation of Private Business Owners in Beijing

Over the past 30 years, Chinese society has undergone an enormous social transition. Along with the rise of a private economy, private business owners have emerged as a new social stratum, which attracts academic attention domestically and internationally. As for the social origins of the private business owners, some of the private business owners are former cadres and current members of the Chinese Communist Party（CCP）. A question rarely pursued is what effects these ties have on political participation of＂ private business owners. The paper explores this question on the basis of data gathered in a representative survey of private enterprises in 2006. The study shows that the Chinese private business owners have diverse social origins, and their behavior in terms of political participation is also distinct in some ways. When it comes to the patterns of political participation of the private business owners, CCP members and former officials among private business owners indeed have unique characteristics in their access to political resources, but the patterns of political participation vary between these two groups. Furthermore, there are also considerable differences between members of the CCP and democratic parties in China in these respects. These findings cast doubt on the common use of CCP membership and occupational experience as cadre as interchangeable indicators for the ＂political capital＂ of business owners. A more differentiated understanding of the nature of political capital and mechanisms by which it is put to use by private entrepreneurs in China is called for.

The Research on the Socialization Identification Models of Private Enterprises＇ Business Culture

In the development process of private enterprises, their business culture is formed in the process of the society＇s identification. Using the analytical method： CMM （Capability Maturity Model for Software）, we can divide the process into five levels： initial, internalized, extended, balanced and optimizing. For the sake of the sound development of the private enterprises, the enterprises＇ culture should be cultivated by the society standard.

Estimating the Relative Level of Minimum Wage in China

It is generally believed in existing literature that China＇s minimum wage is too low and must be raised substantially. Such a view is highly misleading given the inconsistent statistical standards for minimum and average wages. In order to ensure comparability, this paper has adjusted the statistical scope for minimum and average wages respectively. If employees of urban private and self-employed businesses are included in calculating the average wage, the minimum-to-average wage ratio will increase by about 0.06; if the minimum wage standards of various localities include personal contributions to social insurance and the housing fund, the minimum-to-average wage ratio will increase by 0.008; if overtime pay is deducted from the average wage, the minimum-to-average wage ratio will further increase by around O. 06.In addition, if the median wage is used in place of the average wage, the minimum-to-average wage ratio will increase by at least 0.08. After these adjustments, China＇s minimum-to-average wage ratio for 2013 will increase from 0.28 to 0.49, which is within the range of between 0.40 and 0.60 that is recognized internationally as reasonable. Our analysis suggests that as far as the immediate interests of workers are concerned, it is more imperative to unify the statistical approaches for minimum and average wages in China than to raise the minimum wage standard. In order to achieve the expected effect, simply raising the minimum wage alone is not enough. What is also necessary is to enhance supervision and inspection on compliance by firms with the minimum wage policy, particularly the overtime pay regulations. An alternative is to replace monthly minimum wage with hourly minimum wage.