He Jun: Why China Campaigns for SOEs Merger?
ANBOUND
Regarding the central government's campaign on promoting the SOEs merger, ANBOUND senior researcher He Jun points out two reasons: first is to reduce the quantity of SOEs, which is also part of the SOEs reform. It will adhere to the planed steps; second is to focus on the "going out" strategy and international market. The central government expects to cut down the competition among Chinese companies, and create large-sized SOEs with strong ability to compete globally.