CHINA-INTERNAL: PARTY AND STATE OWNED ENTERPRISES (SoEs)

The prominence of the party-state authorities in enterprises is illustrated by the unprecedented number of SoE chiefs who have been appointed to the policy-setting Central Committee. At least twenty such state entrepreneurs have attained this rare honor of joining the policy-setting Central Committee, albeit as alternate or non-voting members (Ta Kung Pao [Hong Kong], October 25; Finance.sina.com, October 24). They include (by order of the number of votes each new alternate member gets):

 

The conflation of Party and business—which is the most important implication of the promotion of 20 state entrepreneurs to the Central Committee—could signal another round of “the party-state making advances, the private sector beating a retreat” in the economy. 







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