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China accelerates M&A of state-owned enterprises to improve international competitiveness

April 14, 2017


Abstract : Parts of state-owned enterprises under direct management by the central government, including China National Nuclear Corporation, China Nuclear Engineering& Construction Corporation (CNEC), Sinolight Corporation and China Poly Group Corporation,

BEIJING-- Parts of state-owned enterprisesunder direct management by the central government, including China NationalNuclear Corporation, China Nuclear Engineering& Construction Corporation(CNEC), Sinolight Corporation and China Poly Group Corporation, haveimplemented strategic restructuring recently. The number of such firms isexpected to decrease to less than 100 within this year.

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