Reform related to the mixed ownership...>

CHINA PRESS: Reform related to the mixed ownership of state-owned enterprises

has reached a critical stage and is expected to make a breakthrough in the

fourth quarter this year, the China Securities Journal reported Wednesday. The

previous two rounds of SOE reform made progress in sectors including electric

power, petroleum, railways and military manufacturing, and a new round is being

prepared. Some provinces have set up special funds to support the new SOE

reform, which could attract trillions of yuan in private capital, the newspaper

said. The funds should also attract foreign capital, the report suggested.

(China Securities Journal)