Non-state firms gradually elbow aside the inefficient state-owned ones.

非国有企业逐渐排挤掉了那些低效率的国有企业。

《柯林斯英汉双解大词典》

Though national oil companies have forced the Western oil giants to look farther afield for new reserves, the oil prices, unlike gas prices, are supported by the state-owned firms that make up OPEC.

尽管国有石油公司使得西方石油巨鳄为了储备，必须向更远的地方开采。石油价格，不同于天然气价格，仍然得到那些国有石油公司的(opec成员国的组成部分)支持！

youdao

The French have always had a penchant for partially state-owned firms.

法国一直都嗜好部分国有的公司。

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That said, China's government is trying to improve transparency by increasing the degree of private ownership in many of the larger state owned firms.

BBC: NEWS | Business | China's state firms compare with US

The majority of the companies listed on the mainland's two stock markets in Shanghai and Shenzhen are state owned firms and only small portions of those companies are traded.

BBC: NEWS | Business | China's state firms compare with US

The agency that now regulates the state-owned firms, called the State-Owned Assets Supervision and Administration Commission, should "confine itself to policy-making and oversight, " the report recommended, not management.

WSJ: China Reform Suggestions Vague on Party Role