The state-owned enterprises have gotten to a point where they can't perform anymore.
Traditionally, party organizations were strong in the state-owned enterprises.
By supplying many of the state-owned enterprises in China, the retired army officer has built Huawei into the world's second-largest vendor of mobile network equipment behind Sweden's Ericsson, according to market research firm Dell'Oro Group.
The "command" part of the economy--namely the state-owned enterprises, the banks (which, though privatized, are still heavily influenced by directives from the People's Bank of China) and the heavy industry companies--will benefit from extra infrastructure spending.
Rather than bracing themselves for sale, takeover or closure, the bigger state-owned enterprises in the region are pinning their hopes on bail-outs.
The only companies that had money back then were the large state-owned enterprises that were able to borrow all they wanted from the four large state-owned banks, or perhaps go public on one of the new stock exchanges in Shanghai and Shenzhen.
Many of the Chinese companies involved are privately held, like Shuanghui, as opposed to the big state-owned enterprises that often act on behalf of Beijing on the international stage.
His aim: to overhaul the moribund state-owned enterprises that threaten to halt China's economic progress.
Syrian business has hardly changed in 30 years: some additional fat cats and the rest state-owned enterprises.
The remaining state-owned enterprises are grey assemblies of middle-aged men and women, with retired former employees still living in company housing on upper floors.
She took on Britain's then-powerful labor unions and whittled the size of the state through sweeping privatizations and the closure of unprofitable state-owned enterprises, from coal mines to steel plants.
She took on Britain's labor unions and whittled the size of the state through sweeping privatizations and the closure of unprofitable state-owned enterprises, from coal mines to steel plants.
This is obviously part of a broader effort that started this morning with TPP, where the President talked about establishing international norms that would be good for the United States, good for Asia, good for the international trading system -- good for any country in dealing with issues like innovation and the discipline of state-owned enterprises, creating a competitive and level playing field.
But in China, all the carriers are state-owned enterprises (SOEs) reporting to the State Council.
Mr Bo trumpets the importance of state-owned enterprises, traditional socialist values and the inspirational power of Mao-era songs while getting tough on organised crime.
It needs to create new jobs for the millions employed in state-owned enterprises and the farming sector whose jobs will become redundant after China joins the World Trade Organization.
Two of the most far-reaching reforms of the past 30 years the dismantling of tens of thousands of state-owned enterprises (SOEs) and the privatisation of urban housing did not take off until the late 1990s.
Goldman is the lead investment bank for the IPO of one of the most egregious of such state-owned enterprises, the Bank of China.
Much work remains to be done, from the reform of state-owned enterprises (SOEs) to boosting social-security provisions.
Those who do are mostly civil servants and the staff of state-owned enterprises.
The transition also involves changes of officials and bureaucrats across the country at state-owned enterprises, government departments and local agencies.
FORBES: China's Entrepreneurs Cautious of U.S. IPOs Ahead Of Country's Leadership Transition
Radical reform of social security is the next great liberal reform, easily as significant a change as the privatisation of state-owned enterprises also dismissed in its time as Utopian.
His appointment inspired hope that some of China's most stubborn problems, notably corruption and the reform of state-owned enterprises, were about to be tackled by someone with backbone enough to get results.
However, People's Net reveals that officials have been secretly feasting on expensive delicacies like sea cucumbers, abalone and lobster and drinking Maotai liquor from "mineral water bottles" at the canteens of state-owned enterprises in Guangdong.
Even as much of their country prospers, environmental problems are so severe in the impoverished north and west (along the Russian border) that, in tandem with the collapse of state-owned enterprises, they've created at least 100 million economic and ecological refugees.
In the U.S., government has become too closely aligned with the financial industry and its interests, and in China, the party exercises dominance and control of the economy through state-owned enterprises, many of which have become dependent on real estate speculation to be profitable.
The four big state-owned banks that dominate the system direct four-fifths of their lending to state-owned enterprises which destroy value more often than they create it.
The liquidity which the Chinese government so quickly and forcefully injected into the economy mainly benefited leading state-owned enterprises, who used the money for land speculation to their own benefit.
FORBES: 2011: For China, It's The Year Of Living Dangerously
Despite the power of its state-owned enterprises, it is taking incremental, but important, steps to liberalize the renminbi and give foreign companies greater access to its vast consumer market.
FORBES: China May Not Be A U.S. Ally, But It's Also Not An Adversary
应用推荐