Govt to accelerate SOE reforms and restructuring

China is expected to speed up reforms of State-owned enterprises in the coming year with SOE restructuring high on the agenda of local governments.

Economists and analysts are predicting a leaner and healthy SOE sector after a string of new "guidelines".

"An array of new government guidelines and announcements, along with some high-profile pilot cases, suggest that SOE reform will likely accelerate in the coming year," Wang Tao, an economist at UBS, said in a research note.