Mixed ownership reform to expand

More central, local State-owned firms to participate with wider range of business areas

China will increase the number of pilot State-owned enterprises involved in mixed ownership reform in key areas and support the development of the non-public sector, a senior State asset regulator said on Tuesday.

The government will choose a number of centrally and locally-administered SOEs with a wider range of business categories to enrich the ongoing mixed ownership reform, said Weng Jieming, vice-chairman of the State-owned Assets Supervision and Administration Commission of the State Council.