Ownership reform welcomes all comers

Foreign companies can participate in the nation's SOE restructuring, top official says

China welcomes foreign enterprises to take part in the country's mixed-ownership reform, top officials said on Thursday, as the latest batch of State-owned enterprises to implement the reforms is set to be announced.

Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission, the nation's top economic regulator, said: "We welcome companies of all ownership types, as well as foreign companies, to participate in China's SOEs mixed-ownership reform."