Feelings are mixed over mixed-ownership model

Members of China's top political advisory body have called for detailed regulations on developing a mixed-ownership economy, aiming to ensure that private enterprises will have a say when they inject capital into State-owned enterprises.

A mixed-ownership economy, which allows non-State capital to take equity stakes in projects featuring investment by SOEs, has been a hot topic during the legislative two sessions, the most important annual event on China's political calendar.

China will speed up the development of a mixed-ownership economy by letting private capital into more State projects in the oil, railway and telecom sectors, according to the government work report delivered to the annual session of the National People's Congress.