SOE reforms, revamp receive fresh impetus By ZHONG NAN | CHINA DAILY | Updated: 2021-01-20 08:59 Share CLOSE A China Railway employee checks Fuxing high-speed trains at a service yard in Jinan, Shandong province, in April. [Photo/Xinhua] Govt to push contractual management system for executives at all levels China plans to complete more than 70 percent of the tasks of its three-year (2020-22) action plan by the end of this year, further pushing forward the mixed-ownership reform and reorganization process in its State-owned enterprises, a senior government official said on Tuesday. The government will improve the market-oriented operational mechanism and promote contractual management systems for executives at all levels of SOEs this year, said Peng Huagang, secretary-general of the State-owned Assets Supervision and Administration Commission of the State Council.