Some enterprises do not meet the changes in the market environment and the production and management is difficult to sustain or even on the brink of collapse. But restrained by some institutional factors, they become "zombie enterprises" due to many obstacles to the market.
一些企业不适应市场环境变化，生产经营难以为继甚至濒临倒闭，但受一些体制机制因素制约，以市场化方式退出的障碍较多，成为“僵尸企业”。