China's state-owned enterprises are.....>

CHINA PRESS: China's state-owned enterprises are accelerating restructuring and

mergers following unprecedented executive shuffling this year, the Economic

Information Daily reported. At least 42 SOEs have made 176 personnel changes

this year, the newspaper said citing government announcements. While personnel

changes may be followed by further consolidations, frequent leadership changes

may also delay implementation of reform, the newspaper said citing Liu Xingguo,

a researcher at China Enterprise Federation. Automobile, telecommunication,

chemical and ship-building are among those industries where consolidations of

SOEs may intensify, the newspaper said.