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BAO Yujun: reform state-owned enterprises

Time:2015-04-10 16:56:20Views:152765

On March 29th, at “The “New Normal” of the Chinese Economy” discussion, Mr. Bao Yujun of The All-Asia Federation of Industry and Commerce, discussed that what China needs the most is reform in State-owned enterprises. Bao believed that the efficiency in SOEs is low, but they possess a great portion of society’s resources, this creates an issue where enterprises are unable to intercept.