China's reforms focus on enhancing State-owned Enterprise competitiveness, improving management, and guiding state capital towards strategic sectors.

China's ongoing reforms aim to enhance State-owned Enterprise (SOE) competitiveness, fostering a favorable environment for increased profitability and private sector opportunities. The government plans to define SOE functions, improve management, and steer state capital towards major industries, national security, and public services. This will also encourage the independent operations of natural monopoly businesses.

July 23, 2024
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