100 SOEs to join 4th round of mixed ownership reform

SASAC official says both central and local-level enterprises to take part

China will put over 100 State-owned enterprises into its fourth batch list of mixed-ownership reform for SOEs to better spur innovation and meet market changes, said a senior official from the country's top State assets regulator on Tuesday.

Even though the authorities have not released the names of these companies yet, Peng Huagang, secretary-general of the State-owned Assets Supervision and Administration Commission, said they will be in more areas at both the centrally-administered and locally-administered levels in the next stage.