ABSTRACT
This chapter provides an overview of SOEs in contemporary China. It examines the corporate organization of Chinese SOEs, their embeddedness in the bureaucratic hierarchies of the state and CCP, and the political mobility of SOE leaders. The chapter scrutinizes the CCP’s role in SOE governance through Party committees and the interactions between SOEs and higher-level Party organs, and it assesses the rationale and real-world costs of strengthening Party influence. It further examines Chinese SOEs’ growing global activities in contracting, greenfield investments, M&A, and the development and export of new technologies.
