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China’s SOEs encouraged to bring in private capital

State-owned enterprises (SOEs) will proactively introduce private capital to help facilitate SOE reforms, said Peng Huagang, the deputy secretary of the State-owned Assets Supervision and Administration Commission, Economic Information Daily reported. The commission also encourages SOEs to become shareholders of private companies, or to engage in their businesses in multiple ways, Peng added. So far, […]

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