China sets the bar high for its central SOEs to become competitors with major global enterprises
China’s centrally administrated stateownedenterprises (SOEs), or centralSOEs, have been playing an integralrole in China’s economic and socialdevelopment. Major projects like the Qinghai-Tibet Railway, the Three Gorges Project andelectricity transmission from west to eastChina, west-to-east electricity and gas transmission,and south-to-north water diversionhave all been realized with the expertise andhard work of these enterprises.Beijing.