Shanghai leads the way in China state owned enterprise reform

Global Business

State owned enterprise reform in China is becoming a higher priority, even though China hasn’t yet announced a reform plan. Restructuring and consolidation efforts have already been put in place.

One example of this is the merger of train makers and nuclear power companies that is set to happen. CCTV’s Mi Jiayi filed this report from Shanghai.

Shanghai leads the way in China state owned enterprise reform

State owned enterprise reform in China is becoming a higher priority, even though China hasn't yet announced a reform plan. Restructuring and consolidation efforts have already been put in place. One example of this is the merger of train makers and nuclear power companies that is set to happen. CCTV's Mi Jiayi filed this report from Shanghai.