In reviewing the new round of state-owned enterprise (SOE) reforms characterized by mixed-ownership since 2013 in China, this title systematically investigates the theoretical underpinnings, model options and approaches to implementation of SOE mixed-ownership reforms.

Zhigang Zheng is Professor of Finance at Renmin University of China. His research focuses on corporate governance and SOE reform in China, and he serves as a member of advisory boards in the field.

Introduction: Why Must SOEs Be Reformed?, 1. Problems with the Insider Control in the Chinese SOEs Under Pyramidal Holding Structure, 2. Theoretical Basis of SOE Mixed-Ownership Reform, 3. The Models of SOE Mixed-Ownership Reform, 4. Routes to Realizing SOE Mixed-Ownership Reform, 5. Reform of the State-Owned Assets Management System, 6. Reform of Executive Compensation and Incentive System in SOEs, 7. Outlook for SOE Mixed-Ownership Reform