SOE mixed ownership reform expected to accelerate
Employees of a power supply company in Weining county, Guizhou province, check power transmission facilities. China is screening a third batch of centrally administered State-owned enterprises for mixed ownership reform, officials of the country's economic planner said. Each ownership reform model has its own characteristics China Unicom announced last month that its Shanghai-listed unit, China United Network Communications Ltd, would be used as the platform for mixed ownership reform, instead of its Hong Kong-listed unit. Air China said its State-owned parent, China National Aviation Holding Company, received approval from the NDRC to move forward with mixed ownership reform of its air freight logistics business. Also known as partial privatization, the mixed ownership reform would spur an increasing number of restructuring, initial public offerings, employee share-ownership and introduction of strategic investors, Deloitte noted in a report.
China's mixed ownership reform advances against headwinds[1]- Chinadaily.com.cn
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