Recently, according to the press release made by National Development and Reform Commission on the revitalizing work on the old industrial base in China's northeast, it is said that the reform of the states owned enterprises ("SOEs) will receive full policy support with the view to accelerate the reform on key areas.

Anbound’s research team is of the view that, under the new situation, as opposed to large-scale investment, deepening the reform of SOEs in northeast region, inspires the SOEs and retains the talent while creating better conditions for private economic development should be the more reasonable choice.