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China unveils state-firm reform plans, expects results by 2020
Published Sun, Sep 13, 2015 · 09:50 PM
Beijing
CHINA issued some details on Sunday on plans to reform state-owned enterprises (SOEs), including the introduction of "mixed ownership" by bringing in private investment, and said it expected decisive results by 2020.
Reform of mammoth state-owned firms is one of China's most pressing tasks as growth slows in the world's second-largest economy.
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