Opportunities and Challenges for Small and Medium Forestry Enterprises in China

Forest enterprises are the basic entities to manage forests. The main contents of this article include:providing an objective assessment of the current status of small and medium forestry enterprises (SMFEs) in China; identifying and characterizing the determining factors that affect the development of SMFEs in China, including property right arrangements,organizational arrangements, taxation and credit/financing arrangements; and analyzing the positive and negative impacts of governmental policies on the development of SMFEs and the mechanisms through which such impacts are realized.