Caixin
Aug 28, 2017 04:57 PM
BUSINESS & TECH

5 Things to Know About China’s Mixed-Ownership Reform

The mixed-ownership reform program aims to bring private-sector investment and management into state-owned companies to make them more dynamic. Above, a China Eastern Airlines jetliner taxis at Shanghai Pudong International Airport on May 5. Photo: IC
The mixed-ownership reform program aims to bring private-sector investment and management into state-owned companies to make them more dynamic. Above, a China Eastern Airlines jetliner taxis at Shanghai Pudong International Airport on May 5. Photo: IC

Mixed-ownership reform has become a buzzword of the moment in Beijing, as the central government launches one of its boldest efforts yet to shake up the stodgy state-run sector.
At its most basic level, the program aims to bring private-sector investment and management into state-owned companies, many operating in state-monopolized sectors, to make them more dynamic. As the pilot program gets rolling with announcement of the first new plans, Caixin Global takes a look at some of the basics that make this reform different from others, and what lies ahead.

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