The Chinese Government’s decision to embark on a fresh round of industry consolidation as part of a move to strengthen state-owned enterprises (SoEs) and increase their global competitiveness has been a long time coming. It is an understandable response to the slowdown in economic growth, over-capacity in many sectors and poor returns on huge capital investments over the last ten years.
中國政府實施新一輪行業整合的決定姍姍來遲。此舉旨在鞏固國有企業并提升它們的全球競爭力。考慮到經濟增長放緩、許多行業產能過剩以及過去10年巨額投資的低回報率，這是一項可以理解的應對之策。
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