China Market Intelligence

June 24th, 2015
Jake Laband and Owen Haacke

A strong Chinese Communist Party (CCP) hand guiding state-owned enterprise (SOE) management was a central message emerging from recent meetings of the State Council Leading Group on Comprehensively Deepening Reform, China’s high-level interagency group charged with guiding China’s ongoing reform efforts. The meetings on June 5 emphasized the importance of addressing corruption issues while seeking to create “bigger, stronger, and better” SOEs that remain firmly under government control, and...