Index > Briefing
Back
Tuesday, February 28, 2017
SOE's mixed reform should avoid wrong directions
ANBOUND

Ever since the 3rd Plenary Session of the 18th Central Committee of the Communist Party of China proposed the thoughts of state-owned enterprise (SOE) reform, mixed-reform has been the main thought and direction to push for SOE reform while the SOEs that manage capital still do not see improvements. Anbound's senior researcher Chan Kung pointed out that the SOEs’ mixed reform commits the directional error. SOE reform’s target should not be making the SOEs "big and strong", and not monopolize the market and the resources; instead it should realize two targets. The first target is to increase the value of the SOE assets exist in capital form to increase the capital in order to enhance the public service and welfare as provided by the government; the second is to adjust the relations of SOEs with the market to push for the market-oriented reform of the entire Chinese market in order to improve China’s market economy efficiency.

Copyright © 2012-2025 ANBOUND