The Role of State Control in the Chinese Corporate Structure

The Chinese state has huge control over many of the country's biggest companies. It controls these through SaaSAC, which is directly a part of the state and by integrating SOE heads into various government and party bodies. As China grows more capitalists, are public and private Chinese firms even all that different? Li Wenlin: The corporatization of state-owned industries has made the party and the Chinese state increasingly capitalist.