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What percentage of the Chinese economy is state-owned?

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Former World Banker Gao Xu explained it best, "The Second National Economic Census conducted in 2008 reveals that of all the 208 trillion RMB total assets of the secondary and tertiary sectors (industrial and service sectors), 63 trillion – or 30 percent of total – was held by SOEs. read more

Former World Banker Gao Xu explained it best, "The Second National Economic Census conducted in 2008 reveals that of all the 208 trillion RMB total assets of the secondary and tertiary sectors (industrial and service sectors), 63 trillion – or 30 percent of total – was held by SOEs. read more

The socialist market economy of the People's Republic of China is the world's second largest economy by nominal GDP and the world's largest economy by purchasing power parity according to the International Monetary Fund (IMF), although China's National Bureau of Statistics denies the latter assessment. read more

The state-owned firm is the world’s biggest bank, a major force in China’s market, and, according to a ranking by The Banker magazine, the world’s strongest bank based on its amount of capital in 2014. Four big state-owned banks are central to China’s financial system. ICBC is the biggest among them. read more

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Fixing China Inc - State-owned enterprises
Source: economist.com

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