19 August 2019

Seven sectors identified for SOE structural reform, paper says

The Chinese government has identified seven industries where private capital will be allowed as part of state-owned enterprises (SOEs) reform this year, the Shanghai Securities News reported Thursday. Companies involved in financial, petroleum, electricity, railway, telecom, natural resources and public utilities businesses will be encouraged to have a diversified ownership structure under the reform, the report said.

– Contact HKEJ at [email protected]



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