Railway Network: Mixed-Ownership Reform and Crc

railway network: But experts suggested that the reform should be implemented at the group level to boost investors' enthusiasm, according to Global Times China. CRC will explore mixed-ownership reform and establish market-based operations by restructuring some assets and attracting private capital, domestic news portal cnstock reported Tuesday. Photo CFP Debt-ridden China Railway Corp CRC plans to carry out mixed-ownership reform in 2017, according to media reports on Tuesday, and experts said this move will increase the company's operating efficiency and improve its management structure. A major task this year is to boost the operating efficiency of China's high-speed railway network, the State-owned company's General Manager Lu Dongfu said during a CRC work conference in Beijing, the report said. The reform will help break SOEs' dominance, improve their management structure and improve operating efficiency. Mixed ownership is expected to be something State-owned enterprises SOEs can employ to promote operating efficiency, establish closer connections with shareholders and attract private capital, Wei Jigang, a research fellow with the Development Research Center of the State Council, told the Global Times Tuesday. (news.financializer.com). As reported in the news.