Bil­lion

China Daily (Canada) - - ANALYSIS -

tax paid by Chi­nese SOEs

in 2013 the en­ter­prises com­pete on an equal foot­ing and flour­ish to­gether rather than hav­ing SOEs as mo­nop­oly giants, so that en­ter­prises of var­i­ous own­er­ships can com­ple­ment, ben­e­fit and learn from each other. In short, the pur­pose is to make the SOEs big­ger, stronger and bet­ter.

Can such goals be achieved? There is no doubt

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