CHENGDU, Feb. 16 (NBD) -- Chinese metropolis Shanghai is to select 5 to 10 State Owned Enterprises (SOEs) of mixed ownership to launch trial program of an employee stock ownership plan (ESOP), according to the Conference on Shanghai SOEs Reform held on Thursday.

The China's financial centre will also complete the capital increase and share expansion of Shanghai Research Institute of Building Sciences Group, bring in strategic investors as well. 

It will take substantial steps in mixed-ownership reform in natural gas industry; guild company groups to introduce corporation system reform at their affiliated enterprises; promote system reform of Shanghai Supply and Marketing Cooperative; transform Shanghai United Assets and Equity Exchange from a public entry to an enterprise.

Email: lijia@nbd.com.cn