State-owned enterprises (SOEs)..........>

CHINA PRESS: State-owned enterprises (SOEs) acquiring privately owned listed

companies is normal market-oriented behavior, and it is a market choice with

mutual benefits, said People's Daily on Tuesday, in response to recent worries

that SOEs may merge with or acquire private firms on a large scale amid ongoing

stock market turbulence.

  - The increase or decrease of state-owned capital follows the laws of market

economy and enterprise development, the newspaper said, citing Peng Huagang,

deputy secretary general of the State-owned Assets Supervision and

Administration Commission (SASAC);

  - SASAC is against having different rules from differences in corporate

ownership, and opposes the discriminatory treatment of SOEs in the formulation

of international rules, Peng emphasised.