Reforms of Chinese state-owned..........>

CHINA PRESS: Reforms of Chinese state-owned enterprises (SOEs), especially those

run by local governments, are expected to speed up, the Economic Information

Daily, a financial newspaper under the official Xinhua News Agency, reported

Thursday. Trading of stocks of 32 local SOEs has been suspended as they prepare

for significant reorganization of their assets. Experts said that with the 19th

Party Congress's emphasis on the need to deepen SOE reforms and develop mixed

government-private ownership in the economy, the overhauls of local SOEs would

accelerate in 2018. Transforming the SOE system to mixed government-private

ownership has become a key factor in the reforms -- as of the end of 2016,

nearly 70 percent of the central government's SOEs and their subsidiaries were

owned jointly by the government and private sector firms, the newspaper said.

(Economic Information Daily)