A worker cycles around a China National Petroleum Corporation factory in Lanzhou, Gansu province. Photo: Reuters A worker cycles around a China National Petroleum Corporation factory in Lanzhou, Gansu province. Photo: Reuters
A worker cycles around a China National Petroleum Corporation factory in Lanzhou, Gansu province. Photo: Reuters

China's tight control over state firms not progress, analysts say

Analysts concerned over party's insistence on retaining power over SOEs despite vow to reform them to boost competitiveness

A worker cycles around a China National Petroleum Corporation factory in Lanzhou, Gansu province. Photo: Reuters A worker cycles around a China National Petroleum Corporation factory in Lanzhou, Gansu province. Photo: Reuters
A worker cycles around a China National Petroleum Corporation factory in Lanzhou, Gansu province. Photo: Reuters
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