In my experience many leaders of large SOEs are indeed focused on becoming better managed and more admired companies rather than simply looked up to based on the size of their revenues.

从我个人见闻来看，很多大型国企的领导人都切实注重企业管理水平及受赞赏程度的提高，而不甘心于只作收入上的“老大”。

youdao

Highly geared with poor returns on equity, large SOEs represent a risky commercial bet.

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This will work much better than any slogans about Chinese global brands, innovation and creativity for large Chinese SOEs.

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Its policies are greatly biased in favor of the large state owned enterprises (SOEs).

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