The changing role of China's state-owned enterprises




McKinsey on China show

Summary: China's state-owned enterprises have undergone a dramatic transformation over the past decade. While their share of economic output has declined, their influence has not. In fact, in several of China's most strategic sectors, state-run firms are sharpening their management skills and transforming their operations so they can compete globally. Nick Leung, Managing Partner of McKinsey's Greater China Practice, discussed this topic with David Xu, Michael Wang and Kevin Chan. They're Partners in McKinsey's Shanghai office.