Latest SOE reform to go wider, deeper

The third round of State-owned enterprise mixed-ownership reform pilot work will go wider and deeper, aiming to accumulate more experience for the overall mixed-ownership reform, experts said.

Despite the complete list of enterprises involved in the third round of pilot work has not been published, experts familiar with the matter said that 21 out of the 31 enterprises involved are local SOEs, a record-high proportion, and two enterprises in the oil and gas sector are also on the pilot list.

"This round of pilot work has much more local enterprises, and covers more of the seven industries outlined by the authorities to have deepened mixed-ownership reform," said Zhou Lisha, a researcher with the research center under the State-owned Assets Supervision and Administration Commission, one of the two regulators in charge of the pilot work, the other being the National Development and Reform Commission.