How State-owned Enterprises Drive Reform in Depth

Last year, China expanded reforms of state capital and state-owned enterprises (SOEs) and made new gains in upgrading and restructuring SOEs and in improving their quality and performance. In 2019, the Chinese government will continue to strengthen and improve the regulation of state assets, and continue to conduct trial reforms to establish state capital investment and management companies, so as to maintain and increase the value of state assets. Reforms to introduce mixed ownership will be actively but cautiously advanced. The sixth episode of “Rising to the Challenge” series, produced by China Pictorial, focuses on the reform of SOEs.