CHENGDU, Jan.6 (NBD) -- China North Industries Group Corporation (NORINCO GROUP) revealed on Wednesday that it has issued guidelines on the company's mixed ownership reform.

A military industry analyst said, in response to NBD, that state-owned shipping enterprises are set experimental units in military industry reform, as capacity reduction is quite pressing for these SOEs. 

China pledged to take substantial steps in mixed-ownership reform in the electricity, oil, natural gas, railway, civil aviation,telecommunications and military industries.

Mixed-ownership reform through diversifying the shareholding structure of SOEs is a pioneer for overall SOE reform, according to a statement following the Central Economic Work Conference in December, 2016.

Email: zengyunheng@nbd.com.cn

Editor: Zeng Yunheng