The People's Republic of China Transformation of the Cigarette Industry and Its Balance:Taking Shanghai"the Incident of Great Eastern Tobacco Company"as an Example
The People's Republic of China Transformation of the Cigarette Industry and Its Balance:Taking Shanghai"the Incident of Great Eastern Tobacco Company"as an Example
"The Incident of Graet Eastern Tobacco Company"that occurred in 1952 appears to be a labor dispute,but in reality it was a comprehensive reflection of the People's Republic of China(PRC)need to stabilize commerce and industry and to avoid the loss of workers while reforming the industry.After the establishment of the PRC,based on the idea of fighting inflation,the Shanghai cigarette industry was considered to be overproducing and unstable,and the industry was then subjected to restrictions and streamlining and other reform measures.In the course of the transformation of the cigarette industry,due to the lack of corresponding supporting measures,some factories were shut down and workers lost their jobs."The Incident of Graet Eastern Tobacco Company"is a typical example of this.After learning the similar situation through the Graet Eastern Tobacco Company,PRC,on the one hand,eased the reform measures and stabilized the business confidence of the industry and commerce;on the other hand,it approved the resumption of some of the shut down factories and provided them with operating funds,thus avoiding the unemployment of the workers.